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

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) announced a monthly dividend on Wednesday, August 12th. Stockholders of record on Friday, December 11th will be paid a dividend of 0.11 per share on Friday, December 18th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Friday, December 11th.

The Gabelli Global Utility & Income Trust Trading Up 0.2%

Shares of The Gabelli Global Utility & Income Trust stock opened at $19.34 on Thursday. The Gabelli Global Utility & Income Trust has a twelve month low of $17.62 and a twelve month high of $21.69. The company has a 50-day simple moving average of $19.18 and a two-hundred day simple moving average of $19.71.

The Gabelli Global Utility & Income Trust Company Profile

The Gabelli Global Utility & Income Trust (NYSE American: GLU) is a closed-end management investment company that seeks to provide shareholders with current dividend income and capital appreciation. The trust primarily invests in equity and debt securities of utility and utility-related companies around the world. Its portfolio includes common stocks, preferred shares and corporate bonds issued by firms engaged in electric, gas, water and telecommunications services, as well as infrastructure businesses that support these industries.

GLU’s investment approach emphasizes established, dividend-paying companies with the potential for steady earnings and cash flow.