Somewhat Positive Press Coverage Somewhat Unlikely to Affect Gabelli Utility Trust (GUT) Stock Price

News headlines about Gabelli Utility Trust (NYSE:GUT) have trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gabelli Utility Trust earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the investment management company an impact score of 47.6492301105026 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Gabelli Utility Trust (GUT) traded up $0.01 during trading on Friday, hitting $7.09. The stock had a trading volume of 75,771 shares, compared to its average volume of 69,400. Gabelli Utility Trust has a 52 week low of $6.10 and a 52 week high of $7.20.

The business also recently announced a monthly dividend, which will be paid on Thursday, March 22nd. Stockholders of record on Thursday, March 15th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.60 annualized dividend and a dividend yield of 8.46%.

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Gabelli Utility Trust Company Profile

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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