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

The Gabelli Dividend & Income Trust (NYSE:GDV) declared a monthly dividend on Thursday, May 16th, NASDAQ reports. Stockholders of record on Wednesday, July 17th will be paid a dividend of 0.11 per share by the financial services provider on Wednesday, July 24th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.58%. The ex-dividend date of this dividend is Wednesday, July 17th.

The Gabelli Dividend & Income Trust Price Performance

Shares of GDV opened at $23.64 on Tuesday. The Gabelli Dividend & Income Trust has a one year low of $18.04 and a one year high of $23.67. The stock’s fifty day moving average is $22.71 and its 200-day moving average is $22.25.

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.