Gabelli Multimedia Trust Inc. (NYSE:GGT) Plans $0.07 Monthly Dividend

Posted by on May 14th, 2026

Gabelli Multimedia Trust Inc. (NYSE:GGT – Get Free Report) announced a monthly dividend on Wednesday, May 13th. Shareholders of record on Friday, July 17th will be paid a dividend of 0.07 per share by the financial services provider on Friday, July 24th. This represents a c) annualized dividend and a yield of 19.6%. The ex-dividend date of this dividend is Friday, July 17th.

Gabelli Multimedia Trust Stock Performance

GGT opened at $4.30 on Thursday. Gabelli Multimedia Trust has a twelve month low of $3.75 and a twelve month high of $4.40. The firm’s 50-day moving average price is $4.11 and its 200 day moving average price is $4.12.

Insiders Place Their Bets

In related news, insider Mario J. Gabelli bought 25,000 shares of the stock in a transaction dated Tuesday, February 24th. The shares were acquired at an average cost of $4.06 per share, for a total transaction of $101,500.00. Following the acquisition, the insider directly owned 1,158,396 shares in the company, valued at approximately $4,703,087.76. This trade represents a 2.21% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 8.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Gabelli Multimedia Trust

Several hedge funds and other institutional investors have recently made changes to their positions in GGT. Gamco Investors INC. ET AL lifted its position in Gabelli Multimedia Trust by 4.3% during the fourth quarter. Gamco Investors INC. ET AL now owns 1,250,447 shares of the financial services provider’s stock worth $5,252,000 after buying an additional 51,500 shares in the last quarter. Kestra Advisory Services LLC increased its stake in shares of Gabelli Multimedia Trust by 2.1% in the 1st quarter. Kestra Advisory Services LLC now owns 616,809 shares of the financial services provider’s stock worth $2,424,000 after acquiring an additional 12,818 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Gabelli Multimedia Trust in the 2nd quarter worth $537,000. Jane Street Group LLC raised its holdings in shares of Gabelli Multimedia Trust by 17.5% during the 4th quarter. Jane Street Group LLC now owns 78,839 shares of the financial services provider’s stock worth $331,000 after acquiring an additional 11,714 shares during the period. Finally, PMG Family Office LLC purchased a new position in shares of Gabelli Multimedia Trust during the 3rd quarter worth $301,000. Institutional investors and hedge funds own 10.63% of the company’s stock.

About Gabelli Multimedia Trust

(Get Free Report)

Gabelli Multimedia Trust Inc (NYSE: GGT) is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in the common stocks of companies engaged in the multimedia and communications sectors. The trust’s portfolio is concentrated in industries such as cable and satellite television, wireless and wireline telecommunications, radio and broadcasting, print and digital publishing, and internet services. Through selective security selection, Gabelli Multimedia Trust aims to capture growth opportunities driven by evolving content delivery platforms and technological innovation.

Since its initial public offering in December 1987, the trust has been managed by Gabelli Funds, LLC, an affiliate of GAMCO Investors, Inc, under the direction of veteran investors led by Mario J.

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Dividend History for Gabelli Multimedia Trust (NYSE:GGT)

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