The Gabelli Equity Trust Inc. (GAB) To Go Ex-Dividend on December 13th

The Gabelli Equity Trust Inc. (NYSE:GAB) announced a quarterly dividend on Thursday, November 14th,Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.15 per share by the financial services provider on Friday, December 20th. This represents a $0.60 dividend on an annualized basis and a yield of 10.43%. The ex-dividend date of this dividend is Friday, December 13th.

The Gabelli Equity Trust Trading Down 0.7 %

Shares of NYSE GAB opened at $5.75 on Wednesday. The Gabelli Equity Trust has a fifty-two week low of $4.96 and a fifty-two week high of $5.85. The stock has a fifty day moving average of $5.55 and a 200-day moving average of $5.45.

About The Gabelli Equity Trust

The Gabelli Equity Trust Inc 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 invests in preferred stock, convertible or exchangeable securities, and warrants and rights.