The Gabelli Multimedia Trust Inc. (GGT) to Issue Quarterly Dividend of $0.22 on March 24th

The Gabelli Multimedia Trust Inc. (NYSE:GGT) announced a quarterly dividend on Thursday, February 13th, NASDAQ Dividends reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.22 per share by the financial services provider on Monday, March 24th. This represents a $0.88 annualized dividend and a dividend yield of 17.94%. The ex-dividend date is Monday, March 17th.

The Gabelli Multimedia Trust Price Performance

GGT stock opened at $4.91 on Friday. The Gabelli Multimedia Trust has a twelve month low of $4.45 and a twelve month high of $5.98. The business has a 50 day simple moving average of $4.79 and a 200-day simple moving average of $4.82.

About The Gabelli Multimedia Trust

The Gabelli Multimedia Trust Inc is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It invests in stocks, convertible securities, preferred stock, options, and warrants of companies operating across global telecommunications, media, publishing, and entertainment industries.