The Gabelli Dividend & Income Trust to Issue Monthly Dividend of $0.15 (NYSE:GDV)

The Gabelli Dividend & Income Trust (NYSE:GDV) declared a monthly dividend on Wednesday, February 11th. Shareholders of record on Thursday, April 16th will be paid a dividend of 0.15 per share by the financial services provider on Thursday, April 23rd. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Thursday, April 16th.

The Gabelli Dividend & Income Trust Stock Performance

GDV stock opened at $29.33 on Thursday. The Gabelli Dividend & Income Trust has a 1-year low of $20.10 and a 1-year high of $29.46. The business has a 50 day simple moving average of $28.08 and a two-hundred day simple moving average of $27.30.

The Gabelli Dividend & Income Trust Company Profile

The Gabelli Dividend & Income Trust (NYSE: GDV) is a diversified, closed-end management investment company organized in 1993 and based in Rye, New York. Managed by Gabelli Funds, LLC—a subsidiary of GAMCO Investors, Inc—the trust seeks to provide a high level of current dividend income while preserving prospects for capital appreciation. It is listed on the New York Stock Exchange and attracts investors looking for regular distributions and potential long-term total return.

The trust’s primary investment focus is on dividend-paying common stocks of U.S.