The Gabelli Global Utility & Income Trust (NYSE:GLU) Declares Monthly Dividend of $0.10

The Gabelli Global Utility & Income Trust (NYSE:GLU) declared a monthly dividend on Friday, November 15th,Wall Street Journal reports. Stockholders of record on Thursday, February 13th will be paid a dividend of 0.10 per share on Friday, February 21st. This represents a $1.20 annualized dividend and a dividend yield of 7.47%. The ex-dividend date of this dividend is Thursday, February 13th.

The Gabelli Global Utility & Income Trust Stock Up 0.2 %

GLU stock opened at $16.06 on Friday. The firm’s 50-day simple moving average is $16.20 and its 200 day simple moving average is $15.10. The Gabelli Global Utility & Income Trust has a fifty-two week low of $12.30 and a fifty-two week high of $17.44.

About The Gabelli Global Utility & Income Trust

The Gabelli Global Utility & Income Trust 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 primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.