UTG Distribution History & Yield
Reaves Utility Income Fund · NYSE American
Closed-end fund
Financial Services
Monthly payer
Closed-end fundHigh yield
$38.88
+1.51% today
as of Sep 8, 2026
TTM yield
6.22%
$2.42/share over the last 12 months
Forward yield
6.26%
$2.4343/share indicated annual rate
Annual distribution
$2.4343
per share, forward
Per payment
$0.2029
per share, every month
Frequency
Monthly
12 payments a year
Next ex-distribution date
Sep 17, 2026 Declared
in 9 days
Next pay date
Oct 1, 2026
in 23 days
Last ex-distribution date
Aug 18, 2026
$0.21 per share
Expense ratio
n/a
assets n/a
Consistency
98/100
very stable payouts
5y distribution CAGR
+2.1%
annualised, regular payments
Growth streak
1 yr
consecutive annual raises
Years paying
22.4
since Apr 14, 2004
1y total return
+8.9%
price +2.5% + distributions 6.4%
Upcoming distribution payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Thu, Sep 17, 2026 (in 9 days) | Oct 1, 2026 | $0.2029 | $20.29 | Declared |
| Sat, Oct 17, 2026 (in 39 days) | Oct 31, 2026 | $0.2029 | $20.29 | Estimated |
| Mon, Nov 16, 2026 (in 69 days) | Nov 30, 2026 | $0.2029 | $20.29 | Estimated |
| Wed, Dec 16, 2026 (in 99 days) | Dec 30, 2026 | $0.2029 | $20.29 | Estimated |
| Fri, Jan 15, 2027 (in 129 days) | Jan 29, 2027 | $0.2029 | $20.29 | Estimated |
| Sun, Feb 14, 2027 (in 159 days) | Feb 28, 2027 | $0.2029 | $20.29 | Estimated |
| Tue, Mar 16, 2027 (in 189 days) | Mar 30, 2027 | $0.2029 | $20.29 | Estimated |
| Thu, Apr 15, 2027 (in 219 days) | Apr 29, 2027 | $0.2029 | $20.29 | Estimated |
| Sat, May 15, 2027 (in 249 days) | May 29, 2027 | $0.2029 | $20.29 | Estimated |
| Mon, Jun 14, 2027 (in 279 days) | Jun 28, 2027 | $0.2029 | $20.29 | Estimated |
| Wed, Jul 14, 2027 (in 309 days) | Jul 28, 2027 | $0.2029 | $20.29 | Estimated |
| Fri, Aug 13, 2027 (in 339 days) | Aug 27, 2027 | $0.2029 | $20.29 | Estimated |
Estimated dates and amounts are projected from UTG's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $2.4343 per share.
Distribution payment history
Last 40 payments per share. RegularSpecial
Annual distributions per share
How much UTG do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 493 | $19,166 | $1,200 |
| $500 / month | 2,465 | $95,831 | $6,000 |
| $1,000 / month | 4,930 | $191,662 | $12,000 |
Based on the forward yield of 6.26%. $10,000 in UTG would currently pay about $626 a year ($52 a month on average). Model reinvestment and growth →
UTG distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Aug 18, 2026 | — | $0.21 | +0.0% |
| Jul 17, 2026 | — | $0.21 | +5.0% |
| Jun 17, 2026 | — | $0.20 | +0.0% |
| May 18, 2026 | — | $0.20 | +0.0% |
| Apr 17, 2026 | — | $0.20 | +0.0% |
| Mar 18, 2026 | — | $0.20 | +0.0% |
| Feb 18, 2026 | — | $0.20 | +0.0% |
| Dec 31, 2025 | — | $0.20 | +0.0% |
| Dec 17, 2025 | — | $0.20 | +0.0% |
| Nov 17, 2025 | — | $0.20 | +0.0% |
| Oct 17, 2025 | — | $0.20 | +0.0% |
| Sep 17, 2025 | — | $0.20 | +0.0% |
| Aug 18, 2025 | — | $0.20 | +0.0% |
| Jul 18, 2025 | — | $0.20 | +5.3% |
| Jun 17, 2025 | — | $0.19 | +0.0% |
| May 19, 2025 | — | $0.19 | +0.0% |
| Apr 17, 2025 | — | $0.19 | +0.0% |
| Mar 18, 2025 | — | $0.19 | +0.0% |
| Feb 18, 2025 | — | $0.19 | +0.0% |
| Dec 31, 2024 | — | $0.19 | +0.0% |
| Dec 16, 2024 | — | $0.19 | +0.0% |
| Nov 15, 2024 | — | $0.19 | +0.0% |
| Oct 18, 2024 | — | $0.19 | +0.0% |
| Sep 17, 2024 | — | $0.19 | +0.0% |
| Aug 16, 2024 | — | $0.19 | +0.0% |
| Jul 19, 2024 | — | $0.19 | +0.0% |
| Jun 17, 2024 | — | $0.19 | +0.0% |
| May 16, 2024 | — | $0.19 | +0.0% |
| Apr 18, 2024 | — | $0.19 | +0.0% |
| Mar 14, 2024 | — | $0.19 | +0.0% |
| Feb 15, 2024 | — | $0.19 | +0.0% |
| Dec 28, 2023 | — | $0.19 | +0.0% |
| Dec 14, 2023 | — | $0.19 | +0.0% |
| Nov 15, 2023 | — | $0.19 | +0.0% |
| Oct 19, 2023 | — | $0.19 | +0.0% |
| Sep 18, 2023 | — | $0.19 | +0.0% |
| Aug 17, 2023 | — | $0.19 | +0.0% |
| Jul 20, 2023 | — | $0.19 | +0.0% |
| Jun 15, 2023 | — | $0.19 | +0.0% |
| May 17, 2023 | — | $0.19 | +0.0% |
| Apr 18, 2023 | — | $0.19 | +0.0% |
| Mar 16, 2023 | — | $0.19 | +0.0% |
| Feb 15, 2023 | — | $0.19 | +0.0% |
| Dec 29, 2022 | — | $0.19 | +0.0% |
| Dec 15, 2022 | — | $0.19 | +0.0% |
| Nov 17, 2022 | — | $0.19 | +0.0% |
| Oct 21, 2022 | — | $0.19 | +0.0% |
| Sep 19, 2022 | — | $0.19 | +0.0% |
| Aug 18, 2022 | — | $0.19 | +0.0% |
| Jul 21, 2022 | — | $0.19 | +0.0% |
| Jun 16, 2022 | — | $0.19 | +0.0% |
| May 18, 2022 | — | $0.19 | +0.0% |
| Apr 21, 2022 | — | $0.19 | +0.0% |
| Mar 17, 2022 | — | $0.19 | +0.0% |
| Feb 17, 2022 | — | $0.19 | +0.0% |
| Dec 30, 2021 | — | $0.19 | +0.0% |
| Dec 16, 2021 | — | $0.19 | +0.0% |
| Nov 16, 2021 | — | $0.19 | +0.0% |
| Oct 19, 2021 | — | $0.19 | +0.0% |
| Sep 16, 2021 | — | $0.19 | +0.0% |
| Aug 19, 2021 | — | $0.19 | +0.0% |
| Jul 22, 2021 | — | $0.19 | +5.6% |
| Jun 17, 2021 | — | $0.18 | +0.0% |
| May 18, 2021 | — | $0.18 | +0.0% |
| Apr 22, 2021 | — | $0.18 | +0.0% |
| Mar 18, 2021 | — | $0.18 | +0.0% |
| Feb 16, 2021 | — | $0.18 | +0.0% |
| Dec 30, 2020 | — | $0.18 | +0.0% |
| Dec 17, 2020 | — | $0.18 | +0.0% |
| Nov 16, 2020 | — | $0.18 | +0.0% |
| Oct 19, 2020 | — | $0.18 | +0.0% |
| Sep 17, 2020 | — | $0.18 | +0.0% |
| Aug 20, 2020 | — | $0.18 | +0.0% |
| Jul 23, 2020 | — | $0.18 | +0.0% |
| Jun 18, 2020 | — | $0.18 | +0.0% |
| May 18, 2020 | — | $0.18 | +0.0% |
| Apr 17, 2020 | — | $0.18 | +0.0% |
| Mar 19, 2020 | — | $0.18 | +0.0% |
| Feb 13, 2020 | — | $0.18 | +0.0% |
| Dec 30, 2019 | — | $0.18 | +0.0% |
| Dec 18, 2019 | — | $0.18 | +0.0% |
| Nov 14, 2019 | — | $0.18 | +0.0% |
| Oct 21, 2019 | — | $0.18 | +0.0% |
| Sep 19, 2019 | — | $0.18 | +0.0% |
| Aug 20, 2019 | — | $0.18 | +0.0% |
| Jul 22, 2019 | — | $0.18 | +5.9% |
| Jun 17, 2019 | — | $0.17 | +0.0% |
| May 20, 2019 | — | $0.17 | +0.0% |
| Apr 18, 2019 | — | $0.17 | +0.0% |
| Mar 19, 2019 | — | $0.17 | +0.0% |
| Feb 14, 2019 | — | $0.17 | +0.0% |
| Dec 28, 2018 | — | $0.17 | +0.0% |
| Dec 17, 2018 | — | $0.17 | +0.0% |
| Nov 16, 2018 | — | $0.17 | +0.0% |
| Oct 19, 2018 | — | $0.17 | +0.0% |
| Sep 19, 2018 | — | $0.17 | +0.0% |
| Aug 20, 2018 | — | $0.17 | +0.0% |
| Jul 19, 2018 | — | $0.17 | +0.0% |
| Jun 18, 2018 | — | $0.17 | +0.0% |
| May 21, 2018 | — | $0.17 | +0.0% |
| Apr 19, 2018 | — | $0.17 | +6.2% |
| Mar 19, 2018 | — | $0.16 | +0.0% |
| Feb 15, 2018 | — | $0.16 | +0.0% |
| Dec 28, 2017 | — | $0.16 | +0.0% |
| Dec 14, 2017 | — | $0.16 | +0.0% |
| Nov 16, 2017 | — | $0.16 | +0.0% |
| Oct 23, 2017 | — | $0.16 | +0.0% |
| Sep 19, 2017 | — | $0.16 | +0.0% |
| Aug 16, 2017 | — | $0.16 | +0.0% |
| Jul 17, 2017 | — | $0.16 | +0.0% |
| Jun 14, 2017 | — | $0.16 | +0.0% |
| May 17, 2017 | — | $0.16 | +0.0% |
| Apr 18, 2017 | — | $0.16 | +0.0% |
| Mar 20, 2017 | — | $0.16 | +0.0% |
| Feb 15, 2017 | — | $0.16 | +0.0% |
| Dec 28, 2016 | — | $1.08 Special | — |
| Dec 14, 2016 | — | $0.16 | +0.0% |
| Nov 16, 2016 | — | $0.16 | +0.0% |
| Oct 19, 2016 | — | $0.16 | +6.0% |
| Sep 14, 2016 | — | $0.151 | +0.0% |
| Aug 17, 2016 | — | $0.151 | +0.0% |
| Jul 13, 2016 | — | $0.151 | +0.0% |
| Jun 15, 2016 | — | $0.151 | +0.0% |
| May 18, 2016 | — | $0.151 | +0.0% |
| Apr 14, 2016 | — | $0.151 | +0.0% |
| Mar 16, 2016 | — | $0.151 | +0.0% |
| Feb 17, 2016 | — | $0.151 | +0.0% |
| Dec 29, 2015 | — | $0.151 | +0.0% |
| Dec 16, 2015 | — | $0.151 | +2.2% |
| Nov 9, 2015 | — | $0.1477 | +0.0% |
| Oct 15, 2015 | — | $0.1477 | +0.0% |
| Sep 16, 2015 | — | $0.1477 | +0.0% |
| Aug 17, 2015 | — | $0.1477 | +0.0% |
| Jul 15, 2015 | — | $0.1477 | +0.0% |
| Jun 16, 2015 | — | $0.1477 | +0.0% |
| May 14, 2015 | — | $0.1477 | +0.0% |
| Apr 15, 2015 | — | $0.1477 | +0.0% |
| Mar 16, 2015 | — | $0.1477 | +0.0% |
| Feb 12, 2015 | — | $0.1477 | +0.0% |
| Dec 29, 2014 | — | $0.1477 | +9.4% |
| Dec 17, 2014 | — | $0.135 | +0.0% |
| Nov 14, 2014 | — | $0.135 | +0.0% |
| Oct 15, 2014 | — | $0.135 | +0.0% |
| Sep 16, 2014 | — | $0.135 | +0.0% |
| Aug 14, 2014 | — | $0.135 | +0.0% |
| Jul 16, 2014 | — | $0.135 | +0.0% |
| Jun 16, 2014 | — | $0.135 | +0.0% |
| May 14, 2014 | — | $0.135 | +0.0% |
| Apr 15, 2014 | — | $0.135 | +0.0% |
| Mar 14, 2014 | — | $0.135 | +0.0% |
| Feb 12, 2014 | — | $0.135 | +0.0% |
| Dec 27, 2013 | — | $0.135 | +5.3% |
| Dec 16, 2013 | — | $0.1282 | +0.0% |
| Nov 14, 2013 | — | $0.1282 | +0.0% |
| Oct 18, 2013 | — | $0.1282 | +0.0% |
| Sep 18, 2013 | — | $0.1282 | +0.0% |
| Aug 15, 2013 | — | $0.1282 | +0.0% |
| Jul 16, 2013 | — | $0.1282 | +0.0% |
| Jun 13, 2013 | — | $0.1282 | +0.0% |
| May 15, 2013 | — | $0.1282 | +0.0% |
| Apr 17, 2013 | — | $0.1282 | +0.0% |
| Mar 14, 2013 | — | $0.1282 | +0.0% |
| Feb 13, 2013 | — | $0.1282 | +0.0% |
| Dec 27, 2012 | — | $0.1282 | +0.0% |
| Dec 14, 2012 | — | $0.1282 | +0.0% |
| Nov 15, 2012 | — | $0.1282 | +0.0% |
| Oct 17, 2012 | — | $0.1282 | +4.8% |
| Sep 14, 2012 | — | $0.1223 | +0.0% |
| Aug 22, 2012 | — | $0.1223 | +3.4% |
| Jun 28, 2012 | — | $0.1183 | +0.0% |
| Jun 15, 2012 | — | $0.1183 | +0.0% |
| May 16, 2012 | — | $0.1183 | +0.0% |
| Apr 18, 2012 | — | $0.1183 | +0.0% |
| Mar 15, 2012 | — | $0.1183 | +0.0% |
| Feb 15, 2012 | — | $0.1183 | +0.0% |
| Dec 28, 2011 | — | $0.4325 Special | — |
| Dec 14, 2011 | — | $0.1183 | +0.0% |
| Nov 16, 2011 | — | $0.1183 | +0.0% |
| Oct 17, 2011 | — | $0.1183 | +0.0% |
| Sep 14, 2011 | — | $0.1183 | +0.0% |
| Aug 16, 2011 | — | $0.1183 | +0.0% |
| Jul 18, 2011 | — | $0.1183 | +0.0% |
| Jun 15, 2011 | — | $0.1183 | +0.0% |
| May 17, 2011 | — | $0.1183 | +0.0% |
| Apr 18, 2011 | — | $0.1183 | +8.7% |
| Mar 16, 2011 | — | $0.1088 | +0.0% |
| Feb 16, 2011 | — | $0.1088 | +0.0% |
| Dec 29, 2010 | — | $0.1088 | +0.0% |
| Dec 15, 2010 | — | $0.1088 | +0.0% |
| Nov 17, 2010 | — | $0.1088 | +0.0% |
| Oct 18, 2010 | — | $0.1088 | +0.0% |
| Sep 15, 2010 | — | $0.1088 | +0.0% |
| Aug 16, 2010 | — | $0.1088 | +0.0% |
| Jul 19, 2010 | — | $0.1088 | +0.0% |
| Jun 16, 2010 | — | $0.1088 | +0.0% |
| May 17, 2010 | — | $0.1088 | +0.0% |
| Apr 19, 2010 | — | $0.1088 | +0.0% |
| Mar 17, 2010 | — | $0.1088 | +0.0% |
| Feb 16, 2010 | — | $0.1088 | +0.0% |
| Dec 29, 2009 | — | $0.1088 | +76.9% |
| Dec 24, 2009 | — | $0.0615 | -43.5% |
| Dec 16, 2009 | — | $0.1088 | +0.0% |
| Nov 18, 2009 | — | $0.1088 | +0.0% |
| Oct 19, 2009 | — | $0.1088 | +0.0% |
| Sep 16, 2009 | — | $0.1088 | +0.0% |
| Aug 17, 2009 | — | $0.1088 | +0.0% |
| Jul 20, 2009 | — | $0.1088 | +0.0% |
| Jun 17, 2009 | — | $0.1088 | +0.0% |
| May 18, 2009 | — | $0.1088 | +0.0% |
| Apr 15, 2009 | — | $0.1088 | +0.0% |
| Mar 16, 2009 | — | $0.1088 | +0.0% |
| Feb 11, 2009 | — | $0.1088 | -45.5% |
| Dec 29, 2008 | — | $0.1997 | +83.5% |
| Dec 15, 2008 | — | $0.1088 | +0.0% |
| Nov 17, 2008 | — | $0.1088 | +0.0% |
| Oct 14, 2008 | — | $0.1088 | +0.0% |
| Sep 15, 2008 | — | $0.1088 | +0.0% |
| Aug 13, 2008 | — | $0.1088 | +0.0% |
| Jul 14, 2008 | — | $0.1088 | +0.0% |
| Jun 16, 2008 | — | $0.1088 | +0.0% |
| May 14, 2008 | — | $0.1088 | +0.0% |
| Apr 14, 2008 | — | $0.1088 | +0.0% |
| Mar 12, 2008 | — | $0.1088 | +0.0% |
| Feb 13, 2008 | — | $0.1088 | +4.5% |
| Dec 27, 2007 | — | $0.7826 Special | — |
| Dec 12, 2007 | — | $0.1041 | +0.0% |
| Nov 14, 2007 | — | $0.1041 | +0.0% |
| Oct 15, 2007 | — | $0.1041 | +0.0% |
| Sep 12, 2007 | — | $0.1041 | +0.0% |
| Aug 13, 2007 | — | $0.1041 | +0.0% |
| Jul 11, 2007 | — | $0.1041 | +0.0% |
| Jun 13, 2007 | — | $0.1041 | +0.0% |
| May 14, 2007 | — | $0.1041 | +0.0% |
| Apr 11, 2007 | — | $0.1041 | +0.0% |
| Mar 14, 2007 | — | $0.1041 | +0.0% |
| Feb 14, 2007 | — | $0.1041 | -33.3% |
| Dec 27, 2006 | — | $0.1561 | +57.1% |
| Dec 13, 2006 | — | $0.0994 | +0.0% |
| Nov 13, 2006 | — | $0.0994 | +0.0% |
| Oct 11, 2006 | — | $0.0994 | +0.0% |
| Sep 13, 2006 | — | $0.0994 | +0.0% |
| Aug 14, 2006 | — | $0.0994 | +0.0% |
| Jul 12, 2006 | — | $0.0994 | +0.0% |
| Jun 13, 2006 | — | $0.0994 | +0.0% |
| May 11, 2006 | — | $0.0994 | +0.0% |
| Apr 11, 2006 | — | $0.0994 | +0.0% |
| Mar 13, 2006 | — | $0.0994 | +0.0% |
| Feb 13, 2006 | — | $0.0994 | +0.0% |
| Dec 28, 2005 | — | $0.0994 | -58.8% |
| Dec 27, 2005 | — | $0.2413 | +155.0% |
| Dec 13, 2005 | — | $0.0946 | +0.0% |
| Nov 10, 2005 | — | $0.0946 | +0.0% |
| Oct 12, 2005 | — | $0.0946 | +0.0% |
| Sep 13, 2005 | — | $0.0946 | +0.0% |
| Aug 11, 2005 | — | $0.0946 | +0.0% |
| Jul 13, 2005 | — | $0.0946 | +0.0% |
| Jun 13, 2005 | — | $0.0946 | +0.0% |
| May 11, 2005 | — | $0.0946 | +0.0% |
| Apr 13, 2005 | — | $0.0946 | +0.0% |
| Mar 11, 2005 | — | $0.0946 | +0.0% |
| Feb 11, 2005 | — | $0.0946 | +0.0% |
| Dec 29, 2004 | — | $0.0946 | +3.1% |
| Dec 13, 2004 | — | $0.0918 | +0.0% |
| Nov 10, 2004 | — | $0.0918 | +0.0% |
| Oct 13, 2004 | — | $0.0918 | +0.0% |
| Sep 13, 2004 | — | $0.0918 | +0.0% |
| Aug 11, 2004 | — | $0.0918 | +0.0% |
| Jul 13, 2004 | — | $0.0918 | +0.0% |
| Jun 14, 2004 | — | $0.0918 | +0.0% |
| May 12, 2004 | — | $0.0918 | +0.0% |
| Apr 14, 2004 | — | $0.0918 | — |
Payout risk check
Distribution stabilityLow risk
UTG's last 12 distributions were very stable (consistency score 98/100).
Its share price moved +2.5% over the past year.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Reaves Utility Income Fund
Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H. Reaves & Company, Inc. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the Utilities sector. The fund primarily invests in dividend paying stocks and debt instruments of companies operating across all market capitalizations. It employs a combination of quantitative and fundamental analysis with bottom-up stock picking approach to create its portfolio. Reaves Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States.
First distribution on our records: Apr 14, 2004. 271 payments tracked.
UTG distribution FAQ
When is UTG's next ex-distribution date?
UTG's next ex-distribution date is Sep 17, 2026 (in 9 days, declared by the fund). You must own the shares before that date to receive the payment of about $0.2029 per share, expected on Oct 1, 2026.
How often does UTG pay distributions?
UTG pays distributions every month, 12 times a year. The most recent payment was $0.21 per share with an ex-date of Aug 18, 2026.
What is UTG's distribution yield?
UTG's trailing 12-month distribution yield is 6.22%, based on $2.42 per share paid over the last year and a share price of $38.88. The forward yield, using the indicated annual rate of $2.4343 per share, is 6.26%.
How much does UTG pay per share?
UTG pays about $0.2029 per share each month, which works out to roughly $2.4343 per share a year. 100 shares would collect about $243.43 a year.
Has UTG grown or cut its distribution?
UTG has raised its annual distribution for 1 consecutive year. Over the last 5 years the regular payout has grown at 2.1% a year (+5.2% over the last year). There has been no cut to a regular payment in the last 5 years.
How many shares of UTG do I need to earn $100 a month?
At the current forward yield of 6.26%, you would need about 493 shares of UTG (roughly $19,166 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.
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