The Gabelli Dividend & Income Trust (NYSE:GDV – Get Free Report) declared a monthly dividend on Monday, November 20th, Wall Street Journal reports. Investors of record on Wednesday, February 14th will be given a dividend of 0.11 per share by the financial services provider on Thursday, February 22nd. This represents a $1.32 dividend on an annualized basis and a yield of 6.62%. The ex-dividend date is Tuesday, February 13th.
The Gabelli Dividend & Income Trust Stock Up 1.2 %
GDV stock opened at $19.95 on Tuesday. The stock’s 50 day simple moving average is $19.34 and its 200 day simple moving average is $20.34. The Gabelli Dividend & Income Trust has a fifty-two week low of $18.04 and a fifty-two week high of $22.39.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Atria Wealth Solutions Inc. acquired a new position in The Gabelli Dividend & Income Trust during the 1st quarter worth approximately $294,000. Mariner LLC purchased a new stake in shares of The Gabelli Dividend & Income Trust in the first quarter worth approximately $287,000. Creative Planning raised its stake in shares of The Gabelli Dividend & Income Trust by 24.6% in the second quarter. Creative Planning now owns 13,040 shares of the financial services provider’s stock worth $267,000 after purchasing an additional 2,573 shares during the last quarter. Private Advisor Group LLC purchased a new stake in shares of The Gabelli Dividend & Income Trust in the first quarter worth approximately $259,000. Finally, Captrust Financial Advisors purchased a new stake in shares of The Gabelli Dividend & Income Trust in the fourth quarter worth approximately $255,000.
About The Gabelli Dividend & Income Trust
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 Stories
- Five stocks we like better than The Gabelli Dividend & Income Trust
- Overbought Stocks Explained: Should You Trade Them?
- Safeguard your portfolio with these three bargain stocks
- What Are Dividend Champions? How to Invest in the Champions
- Membership clubs gain leverage for the consumer rebound
- Technology Stocks Explained: Here’s What to Know About Tech
- Advanced Auto Parts may be worth more in pieces than the whole
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.
