The Gabelli Global Utility & Income Trust Plans Monthly Dividend of $0.11 (NYSEAMERICAN:GLU)

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) declared a monthly dividend on Wednesday, November 12th. Stockholders of record on Thursday, February 12th will be given a dividend of 0.11 per share on Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Thursday, February 12th.

The Gabelli Global Utility & Income Trust Trading Down 0.7%

GLU stock traded down $0.13 during trading on Thursday, hitting $18.24. 1,533 shares of the stock traded hands, compared to its average volume of 11,340. The Gabelli Global Utility & Income Trust has a one year low of $14.07 and a one year high of $18.44. The company has a 50 day simple moving average of $18.11 and a 200 day simple moving average of $17.53.

About The Gabelli Global Utility & Income Trust

The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.