UTG News and Press, Reaves Utility Income Fund of Beneficial Interest From 07/01/21

Since the last time we covered TEAF, the discount has been narrowing - but I believe it is still attractively priced. The fund recently announced they will be changing their name, representing a better understanding of what the fund is invested in. The new name became effective Ju...

Your portfolio can easily earn $2 million in dividends with the right picks. Today, we open the door to two excellent picks to do just that; we have over 40 more in our Model Portfolio. Retirement should be an exciting future, not one to dread. For further details see: 2...

When I get a question on a CEF or am looking at a new CEF, these are the first 5 things I will check. The five places I want to look first are; 1. Investment Policy, 2. Quick Review of Holdings, 3. Discount/Premium, 4. Performance, 5. Distributions. Once these items are checked, I...

Strategas Head of Technical Strategy Chris Verrone takes us through some market insights. The trend of this market is up, but momentum has started to soften under the surface. Over the last few months, participation has narrowed a little as fewer stocks move higher along with the mark...

Dividends can fund a wonderful retirement. Today, we look at two amazing benefits that only dividends can provide. It's time to consider a change to dividends. For further details see: Yes, You Can Retire On Dividends

My overall portfolio consists of 24 stocks divided into two income portfolios, Cupolone and Giotto, the first entirely dedicated to CEFs and the second to ETFs and ETNs. I recently reduced my Cupolone Income Portfolio by closing my position in PKO and redistributing part of the procee...

Reaves Utility Income Fund (UTG) declares $0.19/share quarterly dividend, 5.6% increase from prior dividend of $0.18.Forward yield 2.2%Payable July 30; for shareholders of record June 23; ex-div June 22.Payable Aug. 31; for shareholders of record Aug. 20; ex-div Aug. 19.Payable Sept. 30; for ...

A 6.26% yield is quite attractive, particularly in the utility sector, if UTG can maintain the distribution. I continue my series looking at CEFs beyond the yield. Increasing NAV, increasing distributions, and modest leverage make this fund an attractive choice in the utility sect...

The Reaves Utility Income Fund Increases Its Monthly Distribution 5.56% To $0.19 Per Share PR Newswire DENVER , June 21, 2021 /PRNewswire/ -- The Reaves Utility Income Fund (NYSE MKT: UTG) is pleased to announce today a 5.56% increase in its annual distribution t...

Gargolas/iStock via Getty Images The integration of new power technologies may cause short-term discomfort but will launch a "wonderful transformation towards a cleaner power grid for society" within a decade, says Mark Ahlstrom, VP of renewable energy policy at NextEra Energy (NEE). Integrat...