The Gabelli Dividend & Income Trust (GDV) to Distribute Monthly Dividend of $0.15 on March 24th

The Gabelli Dividend & Income Trust (NYSE:GDV) announced a monthly dividend on Wednesday, November 11th. Investors of record on Wednesday, March 17th will be paid a dividend of $0.15 per share by the financial services provider on Wednesday, March 24th. This represents a $1.80 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Wednesday, March 17th.

The Gabelli Dividend & Income Trust Stock Down 0.3%

The Gabelli Dividend & Income Trust stock opened at $29.19 on Friday. The firm’s fifty day moving average is $28.80 and its 200 day moving average is $28.98. The Gabelli Dividend & Income Trust has a 52-week low of $26.14 and a 52-week high of $31.00.

The Gabelli Dividend & Income Trust Company Profile

The Gabelli Dividend & Income Trust (NYSE:GDV) is a diversified closed-end management investment company designed to provide investors with income and long-term capital appreciation. The Trust invests primarily in dividend-paying and income-producing securities, including common stocks, preferred stocks, convertible securities and other equity or debt investments. GDV seeks opportunities across a range of industries and geographic markets, with an emphasis on companies that the adviser believes offer attractive dividend income, solid business fundamentals and the potential for capital appreciation.