The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) Declares $0.16 Quarterly Dividend

The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) declared a quarterly dividend on Thursday, May 16th, Zacks reports. Stockholders of record on Thursday, June 13th will be given a dividend of 0.16 per share on Friday, June 21st. This represents a $0.64 annualized dividend and a dividend yield of 5.34%. The ex-dividend date is Thursday, June 13th.

The Gabelli Global Small and Mid Cap Value Trust Stock Up 0.6 %

GGZ stock traded up $0.07 during mid-day trading on Friday, reaching $11.98. The company’s stock had a trading volume of 2,390 shares, compared to its average volume of 11,641. The company’s 50 day moving average is $11.65 and its two-hundred day moving average is $11.36. The Gabelli Global Small and Mid Cap Value Trust has a fifty-two week low of $9.43 and a fifty-two week high of $12.50.

About The Gabelli Global Small and Mid Cap Value Trust

The Gabelli Global Small and Mid Cap Value 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 across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors.