SmarterDividends
UTG

Reaves Utility Income Fund

UTG21 yrs growth

Financial Services · Stock · monthly payer

Forward Yield

5.73%

Annual Dividend

$2.40

Payout Ratio

25%

5-Yr Growth

2.1%

Ex-Date

Jun 17, 2026

Frequency

Monthly

Dividend Growth

Total dividends per share by year

What is UTG?

Reaves Utility Income Fund (UTG) is a Financial Services company that pays a monthly dividend currently yielding about 5.73%. Below is its full dividend history, growth record and key data for income investors.

Advantages

  • 21 consecutive years of dividend growth
  • Comfortable payout ratio (24.85%)
  • 2.1% 5-yr dividend growth rate

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
5.73%
Payout Ratio
25%
Annual Dividend
$2.40
5-Yr Avg Growth
2.1%
Ex-Dividend Date
Jun 17, 2026
Years of Growth
21
Frequency
monthly
Beta
0.87
Market Cap
$3.8B
P/E Ratio
4.8

Frequently Asked Questions

Income Calculator

At $2.40 / yr per share

Per payment (monthly)$20.00
Annual$240.00
Monthly avg$20.00