The Gabelli Dividend & Income Trust (NYSE:GDV) Announces $0.14 Dividend

The Gabelli Dividend & Income Trust (NYSE:GDV) declared 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 of this dividend is Tuesday, April 15th.

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

The Gabelli Dividend & Income Trust Stock Performance

Shares of NYSE:GDV opened at $22.60 on Friday. The Gabelli Dividend & Income Trust has a 12 month low of $20.10 and a 12 month high of $25.67. The company’s fifty day simple moving average is $24.07 and its 200 day simple moving average is $24.46.

Insider Buying and Selling at The Gabelli Dividend & Income Trust

In related news, insider Mario J. Gabelli bought 2,300 shares of the stock in a transaction that occurred on Friday, January 17th. The shares were acquired at an average price of $24.83 per share, with a total value of $57,109.00. Following the completion of the transaction, the insider now owns 145,812 shares in the company, valued at $3,620,511.96. The trade was a 1.60 % increase in their ownership of the stock. The transaction was disclosed in a 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.