The Gabelli Dividend & Income Trust (NYSE:GDV) Declares $0.11 Monthly Dividend

The Gabelli Dividend & Income Trust (NYSE:GDV) declared a monthly dividend on Tuesday, May 21st, Wall Street Journal reports. Stockholders of record on Monday, September 16th will be paid a dividend of 0.11 per share by the financial services provider on Monday, September 23rd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date is Monday, September 16th.

The Gabelli Dividend & Income Trust Stock Performance

GDV opened at $22.91 on Wednesday. The company’s fifty day moving average price is $22.36 and its two-hundred day moving average price is $21.61. The Gabelli Dividend & Income Trust has a 1-year low of $18.04 and a 1-year high of $23.00.

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.