Favorable Press Coverage Somewhat Unlikely to Affect Gabelli Healthcare & WellnessRx Trust (GRX) Share Price
Media coverage about Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) has been trending positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Gabelli Healthcare & WellnessRx Trust earned a daily sentiment score of 0.26 on Accern’s scale. Accern also assigned media headlines about the investment management company an impact score of 47.7433321702314 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Gabelli Healthcare & WellnessRx Trust stock traded down $0.09 during trading on Thursday, reaching $9.55. The company’s stock had a trading volume of 40,250 shares, compared to its average volume of 46,804. Gabelli Healthcare & WellnessRx Trust has a 12 month low of $9.42 and a 12 month high of $10.97.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 22nd. Shareholders of record on Thursday, March 15th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 5.45%. The ex-dividend date is Wednesday, March 14th.
About Gabelli Healthcare & WellnessRx Trust
The Gabelli Healthcare & WellnessRx Trust is a diversified, closed-end management investment company. The Fund’s investment objective is long term growth of capital. It will invest at least 80% of its assets in equity securities and income producing securities of domestic and foreign companies in the healthcare and wellness industries.
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