Reaves Utility Income Fund (UTG) Declares $0.19 Monthly Dividend; 6.6% Yield

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THE REAVES UTILITY INCOME FUND ANNOUNCES REGULAR MONTHLY DIVIDEND OF $0.19 PER SHARE

December 17, 2021 9:00 AM EST

DENVER, Dec. 17, 2021 /PRNewswire/ -- The Reaves Utility Income Fund (NYSE MKT: UTG) announced today the next three, monthly, dividends at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the previous quarter. As of December 14, 2021, the Fund's market price was $33.79 per share and its net asset value was $33.62 per share.

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