Gabelli Equity Trust Inc (GAB) Declares $0.15 Quarterly Dividend
Gabelli Equity Trust Inc (NYSE:GAB) announced a quarterly dividend on Thursday, August 23rd, Wall Street Journal reports. Stockholders of record on Friday, September 14th will be paid a dividend of 0.15 per share by the financial services provider on Friday, September 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 9.19%. The ex-dividend date of this dividend is Thursday, September 13th.
Gabelli Equity Trust has decreased its dividend payment by an average of 10.4% annually over the last three years.
Shares of GAB stock opened at $6.53 on Friday. Gabelli Equity Trust has a 52-week low of $5.87 and a 52-week high of $6.65.
There is no company description available for Gabelli Equity Trust.
Further Reading: Outstanding Shares and The Effect on Share Price
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