The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU – Get Free Report) declared a monthly dividend on Wednesday, May 13th. Investors of record on Friday, July 17th will be paid a dividend of 0.11 per share on Friday, July 24th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Friday, July 17th.
The Gabelli Global Utility & Income Trust Stock Up 0.4%
Shares of NYSEAMERICAN GLU opened at $19.76 on Friday. The Gabelli Global Utility & Income Trust has a 1-year low of $16.33 and a 1-year high of $21.69. The company has a fifty day moving average price of $19.71 and a 200 day moving average price of $19.52.
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.
See Also
- Five stocks we like better than The Gabelli Global Utility & Income Trust
- Be Ready: 3 Upcoming Catalysts Could Drive Oracle to Record Highs
- 2 Ways to Play the Big Pharma Patent Cliff
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
Receive News & Ratings for The Gabelli Global Utility & Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Gabelli Global Utility & Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
