The Gabelli Dividend & Income Trust (NYSE:GDV) Declares $0.11 Monthly Dividend

The Gabelli Dividend & Income Trust (NYSE:GDVGet Free Report) declared a monthly dividend on Monday, November 20th, Wall Street Journal reports. Shareholders of record on Wednesday, February 14th will be paid a dividend of 0.11 per share by the financial services provider on Thursday, February 22nd. This represents a $1.32 annualized dividend and a dividend yield of 6.00%. The ex-dividend date is Tuesday, February 13th.

The Gabelli Dividend & Income Trust Trading Down 0.5 %

Shares of NYSE GDV opened at $22.00 on Monday. The stock has a 50 day moving average price of $21.33 and a 200 day moving average price of $20.50. The Gabelli Dividend & Income Trust has a 52-week low of $18.04 and a 52-week high of $22.22.

Institutional Trading of The Gabelli Dividend & Income Trust

Large investors have recently modified their holdings of the company. Advisory Services Network LLC bought a new position in The Gabelli Dividend & Income Trust in the fourth quarter worth approximately $99,000. Walleye Capital LLC acquired a new position in shares of The Gabelli Dividend & Income Trust during the third quarter worth $260,000. Comerica Bank acquired a new position in shares of The Gabelli Dividend & Income Trust during the third quarter worth $1,392,000. Morgan Stanley increased its position in shares of The Gabelli Dividend & Income Trust by 1.1% during the third quarter. Morgan Stanley now owns 6,463,152 shares of the financial services provider’s stock worth $125,644,000 after purchasing an additional 71,538 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of The Gabelli Dividend & Income Trust by 16.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 18,185 shares of the financial services provider’s stock worth $354,000 after purchasing an additional 2,546 shares in the last quarter.

The Gabelli Dividend & Income Trust Company Profile

(Get Free Report)

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.

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Dividend History for The Gabelli Dividend & Income Trust (NYSE:GDV)

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