Gabelli Multimedia Trust Inc. (NYSE:GGT – Get Free Report) announced a monthly dividend on Wednesday, November 11th. Shareholders of record on Thursday, February 11th will be paid a dividend of $0.07 per share by the financial services provider on Friday, February 19th. This represents a $0.84 annualized dividend and a yield of 22.4%. The ex-dividend date of this dividend is Thursday, February 11th.
Gabelli Multimedia Trust Stock Performance
Shares of GGT stock opened at $3.75 on Thursday. Gabelli Multimedia Trust has a fifty-two week low of $3.11 and a fifty-two week high of $4.37. The stock’s 50-day simple moving average is $3.81 and its 200-day simple moving average is $4.06.
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.
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