The Gabelli Dividend & Income Trust (GDV) To Go Ex-Dividend on February 13th

The Gabelli Dividend & Income Trust (NYSE:GDV) announced a monthly dividend on Friday, November 15th,Wall Street Journal reports. Investors of record on Thursday, February 13th will be given a dividend of 0.11 per share by the financial services provider on Friday, February 21st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date of this dividend is Thursday, February 13th.

The Gabelli Dividend & Income Trust Stock Down 0.2 %

GDV opened at $24.50 on Friday. The business’s fifty day simple moving average is $24.37 and its 200 day simple moving average is $23.46. The Gabelli Dividend & Income Trust has a 52 week low of $19.52 and a 52 week high of $25.33.

Insiders Place Their Bets

In other The Gabelli Dividend & Income Trust news, insider Mario J. Gabelli purchased 2,000 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were purchased at an average cost of $24.90 per share, with a total value of $49,800.00. Following the purchase, the insider now owns 10,000 shares in the company, valued at approximately $249,000. This represents a 25.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. In the last ninety days, insiders have acquired 3,134,000 shares of company stock valued at $31,369,800.

About The Gabelli Dividend & Income Trust

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.