The Gabelli Multimedia Trust Inc. (NYSE:GGT – Get Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.82 and traded as high as $4.82. The Gabelli Multimedia Trust shares last traded at $4.79, with a volume of 193,002 shares.
The Gabelli Multimedia Trust Price Performance
The company’s 50-day simple moving average is $4.79 and its 200-day simple moving average is $4.82.
The Gabelli Multimedia Trust Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 17th will be given a $0.22 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.88 annualized dividend and a yield of 18.39%.
Institutional Inflows and Outflows
About The Gabelli Multimedia Trust
The Gabelli Multimedia Trust Inc is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It invests in stocks, convertible securities, preferred stock, options, and warrants of companies operating across global telecommunications, media, publishing, and entertainment industries.
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