Gabelli Multimedia Trust Inc (NYSE:GGT) declared a quarterly dividend on Friday, May 19th. Investors of record on Friday, June 16th will be given a dividend of 0.22 per share by the financial services provider on Friday, June 23rd. This represents a $0.88 annualized dividend and a yield of 10.51%. The ex-dividend date is Wednesday, June 14th.
Gabelli Multimedia Trust has decreased its dividend by an average of 3.4% annually over the last three years.
Gabelli Multimedia Trust (NYSE:GGT) traded up 1.55% on Friday, reaching $8.50. 45,248 shares of the company traded hands. Gabelli Multimedia Trust has a one year low of $6.71 and a one year high of $8.63. The firm has a 50 day moving average of $8.30 and a 200-day moving average of $7.79.
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Gabelli Multimedia Trust Company Profile
The Gabelli Multimedia Trust Inc (the Fund) is a United States-based non-diversified closed-end management investment company. The Fund’s investment objective is long term growth of capital. The Fund will invest at least 80% of its assets, under normal market conditions, in common stock and other securities, including convertible securities, preferred stock, options, and warrants of companies in the telecommunications, media, publishing and entertainment industries.
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