The Gabelli Dividend & Income Trust (NYSE:GDV) to Issue Monthly Dividend of $0.11

The Gabelli Dividend & Income Trust (NYSE:GDV) declared a monthly dividend on Friday, February 14th, Wall Street Journal reports. Shareholders of record on Tuesday, June 16th will be paid a dividend of 0.11 per share by the financial services provider on Tuesday, June 23rd. This represents a $1.32 annualized dividend and a yield of 5.96%. The ex-dividend date of this dividend is Monday, June 15th.

GDV traded up $0.07 on Friday, hitting $22.14. 179,246 shares of the company were exchanged, compared to its average volume of 305,069. The business’s fifty day moving average is $22.05 and its 200 day moving average is $21.27. The Gabelli Dividend & Income Trust has a fifty-two week low of $20.16 and a fifty-two week high of $22.52.

The Gabelli Dividend & Income Trust Company Profile

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.

Recommended Story: VIX – Volatility Index

Dividend History for The Gabelli Dividend & Income Trust (NYSE:GDV)

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.