DIVIDEND ANNOUNCEMENT: Shs Ben Int/Reaves Utility Income Fund (AMEX:UTG) on 10/08/2020 declared a dividend of $0.1800 per share

Shs Ben Int/Reaves Utility Income Fund (AMEX:UTG) on 10/08/2020 declared a dividend of $ 0.1800 per share payable on October 30, 2020 to shareholders of record as of October 20, 2020.

Shs Ben Int/Reaves Utility Income Fund (AMEX:UTG) has paid dividends since 2004, has a current dividend yield of 6.7143306732% and has increased its dividends for 1 successive years.

Shs Ben Int/Reaves Utility Income Fund's market cap is $ 643,400,000 and has a PE ratio of 49.49. The stock price closed yesterday at $ 32.17 and has a 52 week low/high of $ 19.45 and $ 40.20.

Reaves Utility Income Fund is registered as a non-diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of after-tax income and total return consisting primarily of tax-advantaged dividend income and capital appreciation. As of Oct 31 2017, the Fund's investment portfolio totaled $1,946,930,679 and total assets were $1,950,037,337.

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