The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU – Get Free Report) announced a monthly dividend on Wednesday, August 12th. Investors of record on Friday, November 13th will be given a dividend of $0.11 per share on Friday, November 20th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Friday, November 13th.
The Gabelli Global Utility & Income Trust Stock Up 0.4%
Shares of GLU stock opened at $19.06 on Wednesday. The business’s fifty day moving average price is $18.16 and its 200 day moving average price is $19.30. The Gabelli Global Utility & Income Trust has a 1-year low of $17.20 and a 1-year high of $21.69.
About The Gabelli Global Utility & Income Trust
The Gabelli Global Utility & Income Trust (NYSEAMERICAN: GLU) is a diversified, closed-end management investment company. The fund seeks to provide investors with a high level of current income and long-term capital appreciation by investing primarily in equity and debt securities issued by companies operating in the utility and related industries. Its investment universe may include electric, gas, water, telecommunications, cable, satellite, and power companies, as well as other businesses connected to utility infrastructure and essential services.
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