The direct answer will be a NO!

Getting a dividend probably mean you'r classified as a shareholder, which is why you get a share of the project's profit as dividend. In which case that will be classified as a Security Token (regulated or unregulated).

Like @EvaGC already correctly explained; Utility Token only has to do with "access" or "right" to use a service/product and commonly with some benefits like lower/zero fees.

Personally, I believe it will not matter even if a token looks like a utility, now that the SEC is involved, once it has an element of a security, it will be classified as either a regulated or an unregulated security.