The Gabelli Dividend & Income Trust (NYSE:GDV) Raises Dividend to $0.15 Per Share

The Gabelli Dividend & Income Trust (NYSE:GDV) declared a monthly dividend on Wednesday, November 12th. Investors of record on Thursday, January 15th will be paid a dividend of 0.15 per share by the financial services provider on Friday, January 23rd. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend is Thursday, January 15th. This is a 7.1% increase from The Gabelli Dividend & Income Trust’s previous monthly dividend of $0.14.

The Gabelli Dividend & Income Trust Price Performance

Shares of The Gabelli Dividend & Income Trust stock opened at $27.36 on Thursday. The company’s fifty day moving average price is $27.06 and its two-hundred day moving average price is $26.12. The Gabelli Dividend & Income Trust has a 52-week low of $20.10 and a 52-week high of $27.58.

The Gabelli Dividend & Income Trust Company Profile

The Gabelli Dividend & Income 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 of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.