The Gabelli Dividend & Income Trust (NYSE:GDV) to Issue Monthly Dividend of $0.15

The Gabelli Dividend & Income Trust (NYSE:GDV – Get Free Report) declared a monthly dividend on Wednesday, November 11th. Investors of record on Wednesday, March 17th will be given a dividend of $0.15 per share by the financial services provider on Wednesday, March 24th. This represents a $1.80 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Wednesday, March 17th.

The Gabelli Dividend & Income Trust Trading Up 0.9%

Shares of The Gabelli Dividend & Income Trust stock opened at $29.30 on Thursday. The Gabelli Dividend & Income Trust has a 52 week low of $26.14 and a 52 week high of $31.00. The company’s 50-day moving average price is $28.81 and its two-hundred day moving average price is $28.98.

The Gabelli Dividend & Income Trust Company Profile

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The Gabelli Dividend & Income Trust (NYSE:GDV) is a diversified closed-end management investment company designed to provide investors with income and long-term capital appreciation. The Trust invests primarily in dividend-paying and income-producing securities, including common stocks, preferred stocks, convertible securities and other equity or debt investments. GDV seeks opportunities across a range of industries and geographic markets, with an emphasis on companies that the adviser believes offer attractive dividend income, solid business fundamentals and the potential for capital appreciation.

Further Reading

Dividend History for The Gabelli Dividend & Income Trust (NYSE:GDV)

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