The Gabelli Dividend & Income Trust Insider Mario J. Gabelli Sells 8,002 Shares (GDV)
The Gabelli Dividend & Income Trust (NYSE:GDV) Insider Mario J. Gabelli sold 8,002 shares of the stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $22.86, for a total value of $182,925.72. Following the completion of the sale, the insider now directly owns 131,622 shares of the company’s stock, valued at approximately $3,008,879. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of The Gabelli Dividend & Income Trust (NYSE:GDV) traded up 0.17% on Tuesday, hitting $22.92. 54,412 shares of the company’s stock traded hands. The Gabelli Dividend & Income Trust has a 52 week low of $18.00 and a 52 week high of $22.97. The stock has a 50-day moving average of $22.32 and a 200-day moving average of $21.76.
The company also recently announced a monthly dividend, which is scheduled for Tuesday, September 23rd. Stockholders of record on Tuesday, September 16th will be paid a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a dividend yield of 5.24%. The ex-dividend date is Friday, September 12th.
The Gabelli Dividend & Income Trust (NYSE:GDV) is a non-diversified closed-end management investment company.
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