The Gabelli Global Utility & Income Trust (NYSE:GLU) Plans $0.10 Dividend

The Gabelli Global Utility & Income Trust (NYSE:GLU) announced a dividend on Friday, August 23rd, NASDAQ reports. Stockholders of record on Thursday, October 17th will be given a dividend of 0.10 per share on Thursday, October 24th. The ex-dividend date of this dividend is Thursday, October 17th.

The Gabelli Global Utility & Income Trust Price Performance

Shares of GLU stock opened at $16.46 on Tuesday. The stock’s 50 day simple moving average is $15.62 and its 200 day simple moving average is $14.74. The Gabelli Global Utility & Income Trust has a twelve month low of $11.61 and a twelve month high of $16.92.

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.