The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) Declares Monthly Dividend of $0.11

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLUGet Free Report) announced a monthly dividend on Wednesday, February 11th. Stockholders of record on Thursday, May 14th will be paid a dividend of 0.11 per share on Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Thursday, May 14th.

The Gabelli Global Utility & Income Trust Stock Performance

NYSEAMERICAN GLU opened at $21.11 on Thursday. The Gabelli Global Utility & Income Trust has a fifty-two week low of $14.07 and a fifty-two week high of $21.69. The stock’s 50-day moving average is $19.54 and its two-hundred day moving average is $18.56.

About The Gabelli Global Utility & Income Trust

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The Gabelli Global Utility & Income Trust (NYSE American: GLU) is a closed-end management investment company that seeks to provide shareholders with current dividend income and capital appreciation. The trust primarily invests in equity and debt securities of utility and utility-related companies around the world. Its portfolio includes common stocks, preferred shares and corporate bonds issued by firms engaged in electric, gas, water and telecommunications services, as well as infrastructure businesses that support these industries.

GLU’s investment approach emphasizes established, dividend-paying companies with the potential for steady earnings and cash flow.

Further Reading

Dividend History for The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU)

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