The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU – Get Free Report) announced a monthly dividend on Wednesday, November 11th. Stockholders of record on Thursday, January 14th will be paid a dividend of $0.11 per share on Friday, January 22nd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Thursday, January 14th.
The Gabelli Global Utility & Income Trust Trading Down 0.7%
Shares of The Gabelli Global Utility & Income Trust stock opened at $18.92 on Thursday. The Gabelli Global Utility & Income Trust has a 12-month low of $17.20 and a 12-month high of $21.69. The business’s 50 day moving average is $18.15 and its 200-day moving average is $19.29.
About The Gabelli Global Utility & Income Trust
The Gabelli Global Utility & Income Trust (NYSEAMERICAN: GLU) is a diversified, closed-end management investment company. The fund seeks to provide investors with a high level of current income and long-term capital appreciation by investing primarily in equity and debt securities issued by companies operating in the utility and related industries. Its investment universe may include electric, gas, water, telecommunications, cable, satellite, and power companies, as well as other businesses connected to utility infrastructure and essential services.
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