News coverage about Gabelli Utility Trust (NYSE:GUT) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than twenty million blog and news 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 daily sentiment score of 0.13 on Accern’s scale. Accern also gave media coverage about the investment management company an impact score of 47.8052736416808 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Gabelli Utility Trust (NYSE GUT) remained flat at $$7.10 on Friday. 73,586 shares of the stock were exchanged, compared to its average volume of 70,014. Gabelli Utility Trust has a 1-year low of $6.30 and a 1-year high of $7.20.
The company also recently announced a monthly dividend, which will be paid on Thursday, March 22nd. Shareholders of record on Thursday, March 15th will be issued a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a yield of 8.45%. The ex-dividend date is Wednesday, March 14th.
About Gabelli Utility Trust
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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