The Gabelli Dividend & Income Trust (GDV) to Issue Dividend of $0.14 on February 21st

The Gabelli Dividend & Income Trust (NYSE:GDV) announced a dividend on Thursday, November 14th,investing.com reports. Investors of record on Thursday, February 13th will be paid a dividend of 0.14 per share by the financial services provider on Friday, February 21st. This represents a dividend yield of 6.95%. The ex-dividend date is Thursday, February 13th.

The Gabelli Dividend & Income Trust has raised its dividend by an average of 2.8% per year over the last three years.

The Gabelli Dividend & Income Trust Price Performance

Shares of NYSE GDV opened at $24.98 on Tuesday. The Gabelli Dividend & Income Trust has a 52 week low of $21.44 and a 52 week high of $25.67. The business’s 50-day simple moving average is $24.73 and its 200-day simple moving average is $24.33.

Insider Activity

In other The Gabelli Dividend & Income Trust news, insider Mario J. Gabelli acquired 2,300 shares of The Gabelli Dividend & Income Trust stock in a transaction dated Friday, January 17th. The stock was bought at an average cost of $24.83 per share, with a total value of $57,109.00. Following the completion of the transaction, the insider now owns 145,812 shares of the company’s stock, valued at $3,620,511.96. The trade was a 1.60 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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.