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UTG DRIP Calculator & Dividend Yield 2026
7.23% YieldFinancial ServicesReaves Utility Income Fund · AMEX
Price: $33.77 · Annual div: $2.44/share · Frequency: monthly · Payout ratio: N/A · Ex-div: 2026-11-17
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Portfolio growth: DRIP vs No DRIP
Annual dividend income growth
UTG Dividend Yield
UTG (Reaves Utility Income Fund) has a dividend yield of 7.23%, based on an annual dividend of $2.44 per share and a price of $33.77. Over the last 12 months it paid $2.44 per share — a trailing yield of 7.23%. Dividends are paid monthly.
Yield history: over the last 12 payments, UTG's 12-month yield ranged from 5.64% to 7.06%. Full UTG dividend history ↓
Yield on cost: if UTG's dividend keeps growing 2.0% a year, a purchase at today's price would yield 7.98% after 5 years, 8.81% after 10 years and 10.74% after 20 years on the original investment.
More monthly dividend stocks →More high-yield dividend stocks →
UTG DRIP Rate: How Many Shares Your Dividends Buy
With dividends reinvested, a UTG position grows its share count by about 7.37% in the first year at today's price and yield. If the dividend grows 2.0% a year and the price 0.0%, DRIP doubles your number of shares in about 10 years without adding new money.
💡 What-if scenarios
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🎯 When UTG pays your bills
Year your monthly dividend income covers each expense (based on current settings)
UTG Dividend History — Last 80 Payments
| Ex-Dividend Date | Payment Date | Amount / Share | TTM Yield | Stock Price |
|---|---|---|---|---|
| 2026-12-17Latest | 2026-12-30 | $0.2100 | — | — |
| 2026-11-17 | 2026-11-30 | $0.2100 | — | — |
| 2026-10-19 | 2026-10-30 | $0.2100 | 7.06% | $34.54 |
| 2026-09-17 | 2026-09-30 | $0.2100 | 6.47% | $37.54 |
| 2026-08-18 | 2026-08-31 | $0.2100 | 6.28% | $38.51 |
| 2026-07-17 | 2026-07-31 | $0.2100 | 6.54% | $39.93 |
| 2026-06-17 | 2026-06-30 | $0.2000 | 5.77% | $41.59 |
| 2026-05-18 | 2026-05-29 | $0.2000 | 5.98% | $43.14 |
| 2026-04-17 | 2026-04-30 | $0.2000 | 5.98% | $39.77 |
| 2026-03-18 | 2026-03-31 | $0.2000 | 5.64% | $42.00 |
| 2026-02-18 | 2026-02-27 | $0.2000 | 6.32% | $37.33 |
| 2025-12-31 | 2026-01-16 | $0.2000 | 6.22% | $37.81 |
| 2025-12-17 | 2025-12-30 | $0.2000 | 6.19% | $37.81 |
| 2025-11-17 | 2025-11-28 | $0.2000 | 6.11% | $38.16 |
| 2025-10-17 | 2025-10-31 | $0.2000 | 6.31% | $39.75 |
| 2025-09-17 | 2025-09-30 | $0.2000 | 6.16% | $37.52 |
| 2025-08-18 | 2025-08-29 | $0.2000 | 6.02% | $38.19 |
| 2025-07-18 | 2025-07-31 | $0.2000 | 6.85% | $36.22 |
| 2025-06-17 | 2025-06-30 | $0.1900 | 6.56% | $34.76 |
| 2025-05-19 | 2025-05-30 | $0.1900 | 7.52% | $32.85 |
| 2025-04-17 | 2025-04-30 | $0.1900 | 8.11% | $32.78 |
| 2025-03-18 | 2025-03-31 | $0.1900 | 7.58% | $32.60 |
| 2025-02-18 | 2025-02-28 | $0.1900 | 7.48% | $33.01 |
| 2024-12-31 | 2025-01-17 | $0.1900 | 7.14% | $34.60 |
| 2024-12-16 | 2024-12-30 | $0.1900 | 7.14% | $34.60 |
| 2024-11-15 | 2024-11-29 | $0.1900 | 7.69% | $32.10 |
| 2024-10-18 | 2024-10-31 | $0.1900 | 7.52% | $32.83 |
| 2024-09-17 | 2024-09-30 | $0.1900 | 8.21% | $30.08 |
| 2024-08-16 | 2024-08-30 | $0.1900 | 8.53% | $28.94 |
| 2024-07-19 | 2024-07-31 | $0.1900 | 9.07% | $27.23 |
| 2024-06-17 | 2024-06-28 | $0.1900 | 8.77% | $28.16 |
| 2024-06-14 | 2024-06-28 | $0.1900 | 8.10% | $28.16 |
| 2024-05-16 | 2024-05-31 | $0.1900 | 8.69% | $26.23 |
| 2024-04-18 | 2024-04-30 | $0.1900 | 8.44% | $27.00 |
| 2024-03-14 | 2024-03-28 | $0.1900 | 9.44% | $26.16 |
| 2024-02-15 | 2024-02-29 | $0.1900 | 8.56% | $26.65 |
| 2023-12-28 | 2024-01-17 | $0.1900 | 9.23% | $26.77 |
| 2023-12-14 | 2023-12-29 | $0.1900 | 9.23% | $26.77 |
| 2023-11-15 | 2023-11-30 | $0.1900 | 9.95% | $24.83 |
| 2023-10-19 | 2023-10-31 | $0.1900 | 10.40% | $23.75 |
| 2023-09-18 | 2023-09-29 | $0.1900 | 9.37% | $26.35 |
| 2023-08-17 | 2023-08-31 | $0.1900 | 8.90% | $27.75 |
| 2023-07-20 | 2023-07-31 | $0.1900 | 8.95% | $27.61 |
| 2023-06-15 | 2023-06-30 | $0.1900 | 9.18% | $26.92 |
| 2023-05-17 | 2023-05-31 | $0.1900 | 8.55% | $28.88 |
| 2023-04-18 | 2023-04-28 | $0.1900 | 8.70% | $28.38 |
| 2023-03-16 | 2023-03-31 | $0.1900 | 8.92% | $27.70 |
| 2023-02-15 | 2023-02-28 | $0.1900 | 8.22% | $30.06 |
| 2022-12-29 | 2023-01-17 | $0.1900 | 8.23% | $30.01 |
| 2022-12-15 | 2022-12-30 | $0.1900 | 8.23% | $30.01 |
| 2022-11-17 | 2022-11-30 | $0.1900 | 8.21% | $27.77 |
| 2022-10-21 | 2022-10-31 | $0.1900 | 8.26% | $27.60 |
| 2022-09-19 | 2022-09-30 | $0.1900 | 7.11% | $32.07 |
| 2022-08-18 | 2022-08-31 | $0.1900 | 7.65% | $32.30 |
| 2022-07-21 | 2022-07-29 | $0.1900 | 7.91% | $31.24 |
| 2022-06-16 | 2022-06-30 | $0.1900 | 7.30% | $33.71 |
| 2022-05-18 | 2022-05-31 | $0.1900 | 6.89% | $32.95 |
| 2022-04-21 | 2022-04-29 | $0.1900 | 6.99% | $34.91 |
| 2022-03-17 | 2022-03-31 | $0.1900 | 7.60% | $31.98 |
| 2022-02-17 | 2022-02-28 | $0.1900 | 6.72% | $33.32 |
| 2021-12-30 | 2022-01-14 | $0.1900 | 6.82% | $32.70 |
| 2021-12-16 | 2021-12-30 | $0.1900 | 7.34% | $32.70 |
| 2021-11-16 | 2021-11-30 | $0.1900 | 6.49% | $34.07 |
| 2021-10-19 | 2021-10-29 | $0.1900 | 6.74% | $32.65 |
| 2021-09-16 | 2021-09-30 | $0.1900 | 6.57% | $36.07 |
| 2021-08-19 | 2021-08-31 | $0.1900 | 6.70% | $35.21 |
| 2021-07-22 | 2021-07-30 | $0.1900 | 6.79% | $34.60 |
| 2021-06-17 | 2021-06-30 | $0.1800 | 6.70% | $34.95 |
| 2021-05-18 | 2021-05-28 | $0.1800 | 6.20% | $34.85 |
| 2021-04-22 | 2021-04-30 | $0.1800 | 5.94% | $33.34 |
| 2021-03-18 | 2021-03-31 | $0.1800 | 5.61% | $32.08 |
| 2021-02-16 | 2021-02-26 | $0.1800 | 4.97% | $32.59 |
| 2020-12-30 | 2021-01-15 | $0.1800 | — | — |
| 2020-12-17 | 2020-12-31 | $0.1800 | — | — |
| 2020-11-16 | 2020-11-30 | $0.1800 | — | — |
| 2020-10-19 | 2020-10-30 | $0.1800 | — | — |
| 2020-09-17 | 2020-09-30 | $0.1800 | — | — |
| 2020-08-20 | 2020-08-31 | $0.1800 | — | — |
| 2020-07-23 | 2020-07-31 | $0.1800 | — | — |
| 2020-06-18 | 2020-06-30 | $0.1800 | — | — |
About Reaves Utility Income Fund (UTG) — Dividend Analysis 2026
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.
UTG Dividend & DRIP — Frequently Asked Questions
What is UTG's dividend yield?
UTG (Reaves Utility Income Fund) has a dividend yield of 7.23%, based on an annual dividend of $2.44 per share and a price of $33.77. Over the last 12 months it paid $2.44 per share — a trailing yield of 7.23%. Dividends are paid monthly.
How much does $10,000 in UTG pay in dividends?
$10,000 in UTG at a 7.23% yield pays about $723 a year ($60 a month) before taxes. With DRIP, reinvested dividends buy more shares and that income compounds.
What is the DRIP rate for UTG?
With dividends reinvested, a UTG position grows its share count by about 7.37% in the first year at today's price and yield. If the dividend grows 2.0% a year and the price 0.0%, DRIP doubles your number of shares in about 10 years without adding new money.
How do I calculate UTG dividend reinvestment (DRIP) returns?
Enter your starting amount, monthly contribution and time horizon in the UTG DRIP calculator at the top of this page. It reinvests each payout into new shares at the projected price, grows the dividend at the rate you choose and shows yearly income, share count, portfolio value and yield on cost. You can switch DRIP off to compare.
When is UTG's next ex-dividend date?
UTG's next ex-dividend date is 2026-11-17. UTG pays dividends monthly. Buy before the ex-dividend date to receive the next payment.
What is UTG's dividend growth rate?
UTG's dividend changed 5.2% over the last year and 2.1% a year on average over five years.
Similar dividend stocks to UTG
Forward dividend yield from the latest data · open any DRIP calculator
This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
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🌍 UTG Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold UTG.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| 🇺🇸 Roth IRA / 401k | 0% | 7.23% | 4.43% | $723 / yr |
| 🇺🇸 US Taxable (15%) ✓ | 15% | 6.15% | 3.35% | $615 / yr |
| 🇺🇸 US Taxable (20%) | 20% | 5.78% | 2.98% | $578 / yr |
| 🇬🇧 UK ISA | 0% | 7.23% | 4.43% | $723 / yr |
| 🇬🇧 UK Taxable | 8.75% | 6.60% | 3.80% | $660 / yr |
| 🇨🇦 TFSA | 0% | 7.23% | 4.43% | $723 / yr |
| 🇨🇦 CA Taxable | 25% | 5.42% | 2.62% | $542 / yr |
| 🇦🇺 Super (pension) | 15% | 6.15% | 3.35% | $615 / yr |
| 🇦🇺 AU Taxable | 30% | 5.06% | 2.26% | $506 / yr |
| 🇩🇪 DE Taxable | 26.375% | 5.32% | 2.52% | $532 / yr |
| 🇫🇷 FR Taxable | 30% | 5.06% | 2.26% | $506 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 UTG Income Goal & Break-Even
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $2.44/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 UTG Dividend Payment Schedule
UTG pays every month — 12 payments per year.
📊 UTG vs Financial Services Benchmarks
How UTG compares to typical Financial Services averages.
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for UTG sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ UTG Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
| Insider | Title | Type | Date | Shares | Price | Total Value |
|---|---|---|---|---|---|---|
| Buy | 2026-06-26 | 500 | $41.20 | $20.6K | ||
| J-Other | 2026-05-31 | 20.605 | $42.45 | $875.00 | ||
| J-Other | 2026-05-31 | 45.394 | $42.45 | $1.9K | ||
| J-Other | 2026-04-30 | 20.834 | $42.94 | $895.00 | ||
| J-Other | 2026-04-30 | 45.899 | $42.94 | $2.0K | ||
| J-Other | 2026-03-31 | 22.117 | $39.28 | $869.00 | ||
| J-Other | 2026-03-31 | 48.725 | $39.28 | $1.9K | ||
| J-Other | 2026-02-28 | 20.817 | $41.80 | $870.00 | ||
| J-Other | 2026-02-28 | 45.861 | $41.80 | $1.9K | ||
| J-Other | 2026-01-31 | 22.683 | $38.20 | $866.00 |
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
Peer Group
Similar companies in the same sectorCompare UTG with peers: UTG vs BEGRX · UTG vs CSQ · UTG vs JCNCX
Financial Health Scores
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the UTG dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →
Reaves Utility Income Fund (UTG) is currently trading at $33.77, trading near its 52-week low. The current dividend yield is 7.23% based on an annual payout of $2.44 per share.
UTG (Reaves Utility Income Fund) — 7.23% Dividend Yield Analysis
Reaves Utility Income Fund (UTG) is a financial services stock currently trading at $33.77 with a dividend yield of 7.23%. It pays an annual dividend of $2.44 per share. Over the past 5 years, UTG has grown its dividend at a compound annual rate of 2.1%.
- Above-average yield (7.23%) may signal elevated risk — verify sustainability.
Auto-generated from live market data. For educational purposes only — not financial advice.
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Illustrative examples of common use cases, written by the DividendFlow team — not customer reviews.