The Gabelli Dividend & Income Trust (NYSE:GDV – Get Free Report) announced a monthly dividend on Wednesday, May 13th. Shareholders of record on Monday, August 17th will be given a dividend of 0.15 per share by the financial services provider on Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Monday, August 17th.
The Gabelli Dividend & Income Trust Trading Up 0.3%
GDV opened at $29.23 on Thursday. The firm’s fifty day moving average price is $28.15 and its two-hundred day moving average price is $27.97. The Gabelli Dividend & Income Trust has a fifty-two week low of $24.12 and a fifty-two week high of $29.58.
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.
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