The Gabelli Global Utility & Income Trust (GLU) to Issue Monthly Dividend of $0.11 on February 20th

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) announced a monthly dividend on Wednesday, November 12th. Shareholders of record on Thursday, February 12th will be paid a dividend of 0.11 per share on Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Thursday, February 12th.

The Gabelli Global Utility & Income Trust Stock Down 1.4%

NYSEAMERICAN:GLU opened at $18.11 on Friday. The company has a 50-day moving average of $18.11 and a 200 day moving average of $17.54. The Gabelli Global Utility & Income Trust has a 1-year low of $14.07 and a 1-year 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.