The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) to Issue $0.16 Quarterly Dividend

The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) announced a quarterly dividend on Friday, November 15th,Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.16 per share on Friday, December 20th. This represents a $0.64 annualized dividend and a yield of 5.16%. The ex-dividend date of this dividend is Friday, December 13th.

The Gabelli Global Small and Mid Cap Value Trust Price Performance

Shares of NYSE:GGZ traded down $0.11 during trading on Friday, hitting $12.41. 16,475 shares of the stock traded hands, compared to its average volume of 12,621. The company has a fifty day moving average price of $12.24 and a two-hundred day moving average price of $11.87. The Gabelli Global Small and Mid Cap Value Trust has a 52-week low of $10.53 and a 52-week high of $12.91.

About The Gabelli Global Small and Mid Cap Value Trust

The Gabelli Global Small and Mid Cap Value 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 across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors.