The Gabelli Dividend & Income Trust (GDV) to Issue Dividend of $0.14 on April 23rd

The Gabelli Dividend & Income Trust (NYSE:GDV) announced a dividend on Thursday, February 13th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.14 per share by the financial services provider on Wednesday, April 23rd. The ex-dividend date is Tuesday, April 15th.

The Gabelli Dividend & Income Trust has decreased its dividend payment by an average of 6.0% per year over the last three years.

The Gabelli Dividend & Income Trust Trading Up 2.0 %

The Gabelli Dividend & Income Trust stock opened at $22.60 on Friday. The business’s 50-day simple moving average is $24.07 and its 200 day simple moving average is $24.46. The Gabelli Dividend & Income Trust has a 12-month low of $20.10 and a 12-month high of $25.67.

Insider Activity

In other news, insider Mario J. Gabelli bought 2,300 shares of the business’s stock in a transaction on Friday, January 17th. The shares were bought at an average cost of $24.83 per share, for a total transaction of $57,109.00. Following the completion of the acquisition, the insider now owns 145,812 shares in the company, valued at approximately $3,620,511.96. This trade represents a 1.60 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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.