The Gabelli Dividend & Income Trust (NYSE:GDV) announced a monthly dividend on Friday, May 17th, Wall Street Journal reports. Stockholders of record on Monday, September 16th will be paid a dividend of 0.11 per share by the financial services provider on Monday, September 23rd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.20%. The ex-dividend date of this dividend is Friday, September 13th.
The Gabelli Dividend & Income Trust has increased its dividend by an average of 2.1% annually over the last three years.
Shares of NYSE:GDV opened at $21.28 on Friday. The Gabelli Dividend & Income Trust has a 1 year low of $16.92 and a 1 year high of $24.30.
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.
See Also: Gross Domestic Product (GDP)
Receive News & Ratings for The Gabelli Dividend & Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Gabelli Dividend & Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.