Gabelli Global Small Md Cp Vl Trst Announces Quarterly Dividend of $0.14 (GGZ)

Gabelli Global Small Md Cp Vl Trst (NYSE:GGZ) announced a quarterly dividend on Friday, May 17th, Wall Street Journal reports. Investors of record on Friday, June 14th will be given a dividend of 0.14 per share on Friday, June 21st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.86%. The ex-dividend date of this dividend is Thursday, June 13th.

Shares of NYSE:GGZ traded down $0.07 during midday trading on Friday, reaching $11.52. 14,439 shares of the company traded hands, compared to its average volume of 21,480. Gabelli Global Small Md Cp Vl Trst has a 12 month low of $9.39 and a 12 month high of $12.38.

A hedge fund recently raised its stake in Gabelli Global Small Md Cp Vl Trst stock. Geode Capital Management LLC boosted its holdings in Gabelli Global Small Md Cp Vl Trst (NYSE:GGZ) by 7.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,268 shares of the company’s stock after acquiring an additional 4,334 shares during the quarter. Geode Capital Management LLC’s holdings in Gabelli Global Small Md Cp Vl Trst were worth $610,000 at the end of the most recent reporting period.

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About Gabelli Global Small Md Cp Vl Trst

The Gabelli Global Small and Mid Cap Value 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 across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors.

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