The Gabelli Global Utility & Income Trust (GLU) to Issue Monthly Dividend of $0.10 on November 20th

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) announced a monthly dividend on Thursday, August 21st. Investors of record on Thursday, November 13th will be paid a dividend of 0.10 per share on Thursday, November 20th. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend is Thursday, November 13th.

The Gabelli Global Utility & Income Trust Stock Performance

NYSEAMERICAN GLU opened at $18.22 on Tuesday. The stock’s 50 day moving average price is $18.09 and its two-hundred day moving average price is $17.51. The Gabelli Global Utility & Income Trust has a 52 week low of $14.07 and a 52 week high of $18.44.

About The Gabelli Global Utility & Income Trust

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.