# Reaves Utility Income Fund (UTG) — Dividends

UTG · AMEX · Stock

Canonical page: https://www.lighthorse.io/tickers/utg/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | monthly |
| Trailing 12 months | $2.43 |
| Forward yield | 6.93% |
| Growth streak | 3 years |

Reaves Utility Income Fund pays a monthly dividend of $0.21 per share. Its most recent payment had an [ex-date](/instructions/learning/ex-dividend-date) of September 17, 2026 and was paid on September 30, 2026. Three more payments of $0.21 have been declared, with ex-dates of October 19, November 17 and December 17, 2026, the last one paid on December 30, 2026. Over the trailing twelve months, it paid $2.43 per share, a [yield](/instructions/learning/dividend-yield) of about 6.93% at a share price of $35.05.

The rate has been raised by one cent three times, each time with the payment that goes ex-dividend in July: from $0.18 to $0.19 in 2021, to $0.20 in 2025 and to $0.21 in 2026. Since late 2019 the rate has grown about 17%. Payments by calendar year were $2.16 in 2020, $2.23 in 2021, $2.28 in 2022 and $2.35 in 2025. No ex-dates are recorded between late December 2022 and April 2024. Each year has had two December ex-dates, one paid in late December and one in mid-January. The growth streak stands at three years.

If the pattern holds, the next payment after the declared ones would go ex-dividend at the end of December 2026 and be paid in mid-January 2027.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Dec 17, 2026 | Dec 30, 2026 | $0.21 |
| Nov 17, 2026 | Nov 30, 2026 | $0.21 |
| Oct 19, 2026 | Oct 30, 2026 | $0.21 |
| Sep 17, 2026 | Sep 30, 2026 | $0.21 |
| Aug 18, 2026 | Aug 31, 2026 | $0.21 |
| Jul 17, 2026 | Jul 31, 2026 | $0.21 |
| Jun 17, 2026 | Jun 30, 2026 | $0.20 |
| May 18, 2026 | May 29, 2026 | $0.20 |
| Apr 17, 2026 | Apr 30, 2026 | $0.20 |
| Mar 18, 2026 | Mar 31, 2026 | $0.20 |
| Feb 18, 2026 | Feb 27, 2026 | $0.20 |
| Dec 31, 2025 | Jan 16, 2026 | $0.20 |
| Dec 17, 2025 | Dec 30, 2025 | $0.20 |
| Nov 17, 2025 | Nov 28, 2025 | $0.20 |
| Oct 17, 2025 | Oct 31, 2025 | $0.20 |
| Sep 17, 2025 | Sep 30, 2025 | $0.20 |
| Aug 18, 2025 | Aug 29, 2025 | $0.20 |
| Jul 18, 2025 | Jul 31, 2025 | $0.20 |
| Jun 17, 2025 | Jun 30, 2025 | $0.19 |
| May 19, 2025 | May 30, 2025 | $0.19 |

## Frequently Asked Questions

### Does Reaves Utility Income Fund (UTG) pay a dividend?

Yes. Reaves Utility Income Fund pays a monthly dividend; the most recent payment was $0.21 per share.

### What is UTG's dividend yield?

Reaves Utility Income Fund paid $2.43 per share over the trailing twelve months, a yield of 6.93% at the last price of $35.05. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is UTG's next ex-dividend date?

Reaves Utility Income Fund's next ex-dividend date is Dec 17, 2026, payable on Dec 30, 2026.

### What is the difference between ex and payment dates?

An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### Has UTG been raising its dividend?

Yes — Reaves Utility Income Fund has increased its dividend for 3 consecutive calendar years.

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Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).