The GDL Fund (GDL) To Go Ex-Dividend on September 16th

The GDL Fund (NYSE:GDL) announced a quarterly dividend on Friday, August 23rd, NASDAQ reports. Shareholders of record on Monday, September 16th will be given a dividend of 0.12 per share by the investment management company on Monday, September 23rd. This represents a $0.48 annualized dividend and a yield of 5.91%. The ex-dividend date is Monday, September 16th.

The GDL Fund Stock Performance

Shares of GDL opened at $8.12 on Friday. The GDL Fund has a one year low of $7.65 and a one year high of $8.15. The stock has a 50-day moving average of $8.02 and a 200-day moving average of $7.92.

The GDL Fund Company Profile

The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts.