The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) Director Kevin V. Dreyer acquired 1,333 shares of the stock in a transaction dated Thursday, September 2nd. The stock was bought at an average cost of $16.44 per share, with a total value of $21,914.52. Following the completion of the purchase, the director now directly owns 4,000 shares in the company, valued at $65,760. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
NYSE:GGZ opened at $15.97 on Wednesday. The Gabelli Global Small and Mid Cap Value Trust has a 1 year low of $9.65 and a 1 year high of $17.29. The business has a 50 day simple moving average of $15.91 and a 200-day simple moving average of $15.48.
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 23rd. Stockholders of record on Thursday, September 16th will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 4.01%. The ex-dividend date is Wednesday, September 15th.
The Gabelli Global Small and Mid Cap Value Trust Company Profile
The Gabelli Global Small & Mid Cap Value Trust is a closed-end management investment trust. Its investment objective is long term capital growth. The company was founded on August 19, 2013 and is headquartered in Rye, NY.
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