The Gabelli Dividend & Income Trust (NYSE:GDV) announced a monthly dividend on Friday, May 19th. Investors of record on Monday, July 17th will be given a dividend of 0.11 per share by the financial services provider on Monday, July 24th. This represents a $1.32 annualized dividend and a dividend yield of 6.21%. The ex-dividend date is Thursday, July 13th.
The Gabelli Dividend & Income Trust has increased its dividend payment by an average of 8.6% annually over the last three years.
The Gabelli Dividend & Income Trust (NYSE:GDV) traded up 0.52% during midday trading on Friday, hitting $21.33. The company had a trading volume of 126,016 shares. The company’s 50 day moving average is $21.19 and its 200-day moving average is $20.43. The Gabelli Dividend & Income Trust has a one year low of $18.00 and a one year high of $21.68.
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About The Gabelli Dividend & Income Trust
The Gabelli Dividend & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a level of total return on its assets with an emphasis on dividends and income. The Fund invests at least 80% of its assets in dividend paying securities, such as common and preferred stock or other income producing securities, such as fixed income debt securities and securities that are convertible into equity securities.
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