The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) Announces $0.11 Monthly Dividend

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) announced a monthly dividend on Wednesday, August 12th. Investors of record on Friday, December 11th will be given a dividend of 0.11 per share on Friday, December 18th. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Friday, December 11th.

The Gabelli Global Utility & Income Trust Trading Up 0.2%

Shares of NYSEAMERICAN:GLU opened at $19.34 on Thursday. The firm’s 50 day simple moving average is $19.18 and its 200 day simple moving average is $19.71. The Gabelli Global Utility & Income Trust has a fifty-two week low of $17.62 and a fifty-two week high of $21.69.

About The Gabelli Global Utility & Income Trust

The Gabelli Global Utility & Income Trust (NYSE American: GLU) is a closed-end management investment company that seeks to provide shareholders with current dividend income and capital appreciation. The trust primarily invests in equity and debt securities of utility and utility-related companies around the world. Its portfolio includes common stocks, preferred shares and corporate bonds issued by firms engaged in electric, gas, water and telecommunications services, as well as infrastructure businesses that support these industries.

GLU’s investment approach emphasizes established, dividend-paying companies with the potential for steady earnings and cash flow.