Gabelli Utility Trust Continues Monthly Distributions, Declaring Distributions of $0.05 Per Share
Gabelli Utility Trust (The) (GUT)
US:NYSE Investor Relations:
gabelli.com/closed
Company Research
Source: Business Wire
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of October, November, and December 2019.The distribution for October 2019 will be payable on October 24, 2019 to common shareholders of record on October 17, 2019.The distribution for November 2019 will be payable on November 21, 2019 to common shareholders of record on November 14, 2019.The distribution for December 2019 will be payable on December 20, 2019 to common shareholders of record on December 13, 2019.Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment.
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