Gabelli Multimedia Trust Inc. (NYSE:GGT – Get Free Report) announced a monthly dividend on Wednesday, November 11th. Investors of record on Thursday, February 11th will be given a dividend of $0.07 per share by the financial services provider on Friday, February 19th. This represents a $0.84 dividend on an annualized basis and a yield of 22.4%. The ex-dividend date is Thursday, February 11th.
Gabelli Multimedia Trust Stock Performance
NYSE:GGT opened at $3.75 on Thursday. Gabelli Multimedia Trust has a fifty-two week low of $3.11 and a fifty-two week high of $4.37. The company has a fifty day moving average of $3.81 and a two-hundred day moving average of $4.06.
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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