Reaves Utility Income Fund Section 19(a) Notice
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Reaves Utility Income Fund (NYSE American: UTG) announced a monthly distribution of $0.19 per share, paid on November 29, 2024, to shareholders of record as of November 15, 2024. The distribution details are provided in accordance with Section 19(a) of the Investment Company Act of 1940.
November 29, 2024 | 12:15 pm
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NEUTRAL IMPACT
Reaves Utility Income Fund paid a monthly distribution of $0.19 per share on November 29, 2024. This is in line with its regular dividend payments, providing income to its shareholders.
The announcement of a regular monthly distribution is a routine event for the Reaves Utility Income Fund, indicating stability in its dividend policy. This is unlikely to cause significant short-term price movement as it aligns with investor expectations.
CONFIDENCE 100
IMPORTANCE 70
RELEVANCE 100