Media stories about Gabelli Utility Trust (NYSE:GUT) have trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gabelli Utility Trust earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 47.6341548177649 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Gabelli Utility Trust (GUT) opened at $6.97 on Wednesday. Gabelli Utility Trust has a 52 week low of $6.21 and a 52 week high of $7.20.
The business also recently declared a monthly dividend, which will be paid on Thursday, March 22nd. Stockholders of record on Thursday, March 15th will be paid a $0.05 dividend. The ex-dividend date is Wednesday, March 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.61%.
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The Gabelli Utility Trust (the Fund) is a diversified, closed-end management investment company. The Fund’s primary objective is long term growth of capital and income. The Fund will invest 80% of its assets in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas and water, and telecommunications services or infrastructure operations (the 80% Policy).
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