Gabelli Multimedia Trust Inc. (NYSE:GGT – Get Free Report) declared a monthly dividend on Wednesday, November 11th. Investors of record on Wednesday, March 17th will be paid a dividend of $0.08 per share by the financial services provider on Wednesday, March 24th. This represents a $0.96 dividend on an annualized basis and a yield of 25.6%. The ex-dividend date is Wednesday, March 17th. This is a 14.3% increase from Gabelli Multimedia Trust’s previous monthly dividend of $0.07.
Gabelli Multimedia Trust Stock Performance
GGT opened at $3.75 on Thursday. The stock’s 50 day moving average price is $3.81 and its 200 day moving average price is $4.06. Gabelli Multimedia Trust has a 12 month low of $3.11 and a 12 month high of $4.37.
Gabelli Multimedia Trust Company Profile
Gabelli Multimedia Trust (NYSE:GGT) is a diversified closed-end management investment company. The fund seeks long-term growth of capital and current income by investing primarily in companies involved in the multimedia, communications and entertainment industries. Its portfolio may include businesses engaged in broadcasting, cable and satellite services, telecommunications, publishing, entertainment, digital media and related technologies. The trust invests in publicly traded securities and may consider opportunities in both U.S. and international markets.
Further Reading
- Five stocks we like better than Gabelli Multimedia Trust
- Hims & Hers Bounced Back 9%, But Its Earnings Reveal a Costly Trade-Off
- Palantir’s Real Washington Risk Isn’t the Budget—It’s Oversight
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
Receive News & Ratings for Gabelli Multimedia Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gabelli Multimedia Trust and related companies with MarketBeat.com's FREE daily email newsletter.
