The Gabelli Dividend & Income Trust (GDV) Plans $0.11 Monthly Dividend
The Gabelli Dividend & Income Trust (NYSE:GDV) announced a monthly dividend on Monday, November 19th, Wall Street Journal reports. Shareholders of record on Friday, March 15th will be paid a dividend of 0.11 per share by the financial services provider on Friday, March 22nd. This represents a $1.32 annualized dividend and a yield of 6.39%. The ex-dividend date is Thursday, March 14th.
The Gabelli Dividend & Income Trust has decreased its dividend payment by an average of 5.7% per year over the last three years.
Shares of GDV opened at $20.67 on Tuesday. The Gabelli Dividend & Income Trust has a twelve month low of $20.07 and a twelve month high of $24.97.
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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.
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