DENVER, CO / May 30, 2025 / The Reaves Utility Income Fund (NYSE American: UTG) announced a monthly distribution of $0.19 per share for its common stock, paid to shareholders on May 30, 2025. The fund, operating under a Managed Distribution Plan, highlighted that the Board of Trustees regularly reviews potential distribution amounts and monitors the Fund's net asset value and market conditions. The distribution rate should not be interpreted as the dividend yield or total return on investment. More information can be found on their website.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reaves Utility Income Fund published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1030348) on May 30, 2025, and is solely responsible for the information contained therein.