The Gabelli Dividend & Income Trust (NYSE:GDV) declared a monthly dividend on Monday, November 20th, Wall Street Journal reports. Stockholders of record on Wednesday, January 17th will be given a dividend of 0.11 per share by the financial services provider on Wednesday, January 24th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date is Tuesday, January 16th.
The Gabelli Dividend & Income Trust has decreased its dividend by an average of 5.7% annually over the last three years.
The Gabelli Dividend & Income Trust (NYSE GDV) opened at $24.07 on Thursday. The Gabelli Dividend & Income Trust has a 1 year low of $20.03 and a 1 year high of $24.11.
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About The Gabelli Dividend & Income Trust
The Gabelli Dividend & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a level of total return on its assets with an emphasis on dividends and income. The Fund invests at least 80% of its assets in dividend paying securities, such as common and preferred stock or other income producing securities, such as fixed income debt securities and securities that are convertible into equity securities.
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