The Gabelli Dividend & Income Trust Declares Monthly Dividend of $0.11 (NYSE:GDV)

The Gabelli Dividend & Income Trust (NYSE:GDV) announced a monthly dividend on Friday, August 23rd, NASDAQ reports. Investors of record on Thursday, October 17th will be paid a dividend of 0.11 per share by the financial services provider on Thursday, October 24th. This represents a $1.32 annualized dividend and a yield of 5.31%. The ex-dividend date is Thursday, October 17th.

The Gabelli Dividend & Income Trust Price Performance

Shares of The Gabelli Dividend & Income Trust stock opened at $24.86 on Tuesday. The stock has a 50-day moving average price of $23.83 and a 200 day moving average price of $23.06. The Gabelli Dividend & Income Trust has a 1 year low of $18.04 and a 1 year high of $24.91.

Insider Buying and Selling

In other The Gabelli Dividend & Income Trust news, insider Mario J. Gabelli acquired 3,280 shares of The Gabelli Dividend & Income Trust stock in a transaction that occurred on Friday, August 2nd. The stock was purchased at an average cost of $22.91 per share, with a total value of $75,144.80. Following the purchase, the insider now owns 142,592 shares in the company, valued at approximately $3,266,782.72. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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.