The Gabelli Dividend & Income Trust (NYSE:GDV) Plans Dividend of $0.14

The Gabelli Dividend & Income Trust (NYSE:GDV) declared a dividend on Thursday, November 14th,investing.com reports. Shareholders of record on Thursday, February 13th will be given a dividend of 0.14 per share by the financial services provider on Friday, February 21st. This represents a yield of 6.95%. The ex-dividend date of this dividend is Thursday, February 13th.

The Gabelli Dividend & Income Trust has increased its dividend by an average of 2.8% annually over the last three years.

The Gabelli Dividend & Income Trust Price Performance

GDV opened at $24.98 on Tuesday. The company’s 50 day simple moving average is $24.73 and its 200-day simple moving average is $24.33. The Gabelli Dividend & Income Trust has a one year low of $21.44 and a one year high of $25.67.

Insider Buying and Selling

In other The Gabelli Dividend & Income Trust news, insider Mario J. Gabelli bought 2,300 shares of the company’s stock in a transaction on Friday, January 17th. The stock was bought at an average price of $24.83 per share, for a total transaction of $57,109.00. Following the transaction, the insider now owns 145,812 shares of the company’s stock, valued at approximately $3,620,511.96. The trade was a 1.60 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

About The Gabelli Dividend & Income Trust

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.