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

The Gabelli Global Utility & Income Trust (NYSE:GLUGet Free Report) declared a dividend on Thursday, November 16th, NASDAQ reports. Shareholders of record on Wednesday, February 14th will be given a dividend of 0.10 per share on Thursday, February 22nd. The ex-dividend date of this dividend is Tuesday, February 13th.

The Gabelli Global Utility & Income Trust Stock Performance

The Gabelli Global Utility & Income Trust stock opened at $13.29 on Monday. The Gabelli Global Utility & Income Trust has a one year low of $11.61 and a one year high of $15.40. The business’s fifty day moving average is $13.26.

Insider Activity

In other news, insider Mario J. Gabelli sold 2,298 shares of The Gabelli Global Utility & Income Trust stock in a transaction on Monday, November 20th. The stock was sold at an average price of $50.35, for a total value of $115,704.30. Following the transaction, the insider now owns 76,000 shares in the company, valued at approximately $3,826,600. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in The Gabelli Global Utility & Income Trust stock. International Assets Investment Management LLC acquired a new position in shares of The Gabelli Global Utility & Income Trust (NYSE:GLUFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,636 shares of the company’s stock, valued at approximately $35,000.

The Gabelli Global Utility & Income Trust Company Profile

(Get Free Report)

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.

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Dividend History for The Gabelli Global Utility & Income Trust (NYSE:GLU)

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