The Gabelli Dividend & Income Trust (GDV) To Go Ex-Dividend on February 13th

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

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

The Gabelli Dividend & Income Trust Price Performance

Shares of NYSE GDV opened at $24.98 on Tuesday. The Gabelli Dividend & Income Trust has a 52-week low of $21.44 and a 52-week high of $25.67. The firm has a fifty day moving average of $24.73 and a 200-day moving average of $24.33.

Insider Activity at The Gabelli Dividend & Income Trust

In other news, insider Mario J. Gabelli acquired 2,300 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were bought at an average price of $24.83 per share, for a total transaction of $57,109.00. Following the completion of the purchase, the insider now directly owns 145,812 shares of the company’s stock, valued at approximately $3,620,511.96. This trade represents a 1.60 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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.