Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share
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The Gabelli Utility Trust (NYSE:GUT) has announced the continuation of its fixed monthly cash distributions, declaring $0.05 per share for January, February, and March 2025.
November 14, 2024 | 2:00 pm
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POSITIVE IMPACT
The Gabelli Utility Trust has declared a continuation of its fixed monthly cash distributions at $0.05 per share for the first quarter of 2025.
The continuation of fixed monthly distributions is a positive signal for investors seeking stable income, likely supporting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100