Gabelli Dividend & Income (NYSE:GDV) declared a monthly dividend on Monday, February 26th, Wall Street Journal reports. Stockholders of record on Monday, April 16th will be given a dividend of 0.11 per share by the financial services provider on Monday, April 23rd. This represents a $1.32 annualized dividend and a dividend yield of 6.03%. The ex-dividend date is Friday, April 13th.
Gabelli Dividend & Income has decreased its dividend payment by an average of 5.7% per year over the last three years.
GDV opened at $21.89 on Friday. Gabelli Dividend & Income has a twelve month low of $20.70 and a twelve month high of $24.97.
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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.
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