Gabelli Multimedia Trust Inc. (NYSE:GGT – Get Free Report) announced a monthly dividend on Wednesday, August 12th. Shareholders of record on Friday, November 13th will be paid a dividend of $0.07 per share by the financial services provider on Friday, November 20th. This represents a $0.84 annualized dividend and a yield of 22.5%. The ex-dividend date is Friday, November 13th.
Gabelli Multimedia Trust Stock Down 0.8%
Shares of GGT opened at $3.73 on Wednesday. Gabelli Multimedia Trust has a 52-week low of $3.11 and a 52-week high of $4.37. The stock has a fifty day simple moving average of $3.82 and a two-hundred day simple moving average of $4.07.
About Gabelli Multimedia Trust
Gabelli Multimedia Trust (NYSE:GGT) is a diversified closed-end management investment company. The fund seeks long-term growth of capital and current income by investing primarily in companies involved in the multimedia, communications and entertainment industries. Its portfolio may include businesses engaged in broadcasting, cable and satellite services, telecommunications, publishing, entertainment, digital media and related technologies. The trust invests in publicly traded securities and may consider opportunities in both U.S. and international markets.
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