3 Utility CEFs Paying Electric Yields Up To 11%
Investors are freaking out that Jerome Powell & Co. won’t cut rates right away. Who cares if we’re buying safe yields up to 11.0% like the 3 we’re about to discuss.
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Investors are freaking out that Jerome Powell & Co. won’t cut rates right away. Who cares if we’re buying safe yields up to 11.0% like the 3 we’re about to discuss.
Gabelli Utility Trust (NYSE:GUT) recently announced a dividend of $0.05 per share, payable on 2023-11-22, with the ex-dividend date set for 2023-11-14. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's delve into Gabelli Utility Trust's dividend performance and assess its sustainability.
If city council approves the plan, the majority of OKC residents will see up to an annual 4% increase in their water bills for the next five years.