Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share | GUT Stock News

StockTitan
2026.02.11 13:45
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The Gabelli Utility Trust (NYSE:GUT) has declared monthly cash distributions of $0.05 per share for April, May, and June 2026. The Board of Trustees will review distribution amounts quarterly, considering the Fund's net asset value and market conditions. The Fund has maintained monthly distributions since October 1999, but the current premium to net asset value may not be sustainable. Shareholders should be aware of potential tax implications, including long-term capital gains and a Medicare surcharge for high-income individuals. The Fund aims for long-term growth by investing in utility companies.