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

The Gabelli Dividend & Income Trust (NYSE:GDV) declared a monthly dividend on Wednesday, November 12th. Shareholders of record on Tuesday, March 17th will be given a dividend of 0.15 per share by the financial services provider on Tuesday, March 24th. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Tuesday, March 17th.

The Gabelli Dividend & Income Trust Price Performance

GDV stock traded down $0.04 during mid-day trading on Thursday, hitting $27.29. 18,478 shares of the company were exchanged, compared to its average volume of 135,461. The firm has a fifty day simple moving average of $27.06 and a 200 day simple moving average of $26.12. The Gabelli Dividend & Income Trust has a twelve month low of $20.10 and a twelve month high of $27.58.

About The Gabelli Dividend & Income Trust

The Gabelli Dividend & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.