The Gabelli Dividend & Income Trust Insider Mario Gabelli Sells 3,000 Shares (GDV)
The Gabelli Dividend & Income Trust (NYSE:GDV) Insider Mario Gabelli sold 3,000 shares of the stock on the open market in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $19.88, for a total value of $59,640.00. Following the transaction, the insider now directly owns 131,535 shares of the company’s stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
The Gabelli Dividend & Income Trust (NYSE:GDV) traded up 1.46% on Wednesday, hitting $20.14. 190,564 shares of the company’s stock traded hands. The Gabelli Dividend & Income Trust has a one year low of $14.68 and a one year high of $20.58. The stock’s 50-day moving average is $19.84 and its 200-day moving average is $19.44. The company has a market cap of $1.668 billion and a P/E ratio of 8.63.
The company also recently declared a monthly dividend, which is scheduled for Thursday, November 21st. Shareholders of record on Thursday, November 14th will be given a dividend of $0.09 per share. This represents a $1.08 dividend on an annualized basis and a yield of 5.36%. The ex-dividend date of this dividend is Tuesday, November 12th.
The Gabelli Dividend & Income Trust (NYSE:GDV) is a non-diversified closed-end management investment company.
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