The Gabelli Dividend & Income Trust Insider Sells $21,660 in Stock (GDV)
The Gabelli Dividend & Income Trust (NYSE:GDV) Insider Mario J. Gabelli sold 1,000 shares of The Gabelli Dividend & Income Trust stock on the open market in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $21.66, for a total transaction of $21,660.00. Following the completion of the sale, the insider now directly owns 130,637 shares of the company’s stock, valued at approximately $2,829,597. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
The Gabelli Dividend & Income Trust (NYSE:GDV) traded up 0.50% during mid-day trading on Friday, hitting $21.93. The stock had a trading volume of 95,564 shares. The Gabelli Dividend & Income Trust has a one year low of $18.0266 and a one year high of $22.04. The stock’s 50-day moving average is $21.44 and its 200-day moving average is $20.77.
The company also recently announced a monthly dividend, which is scheduled for Tuesday, September 23rd. Investors 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 5.47%. The ex-dividend date is Friday, September 12th.
The Gabelli Dividend & Income Trust (NYSE:GDV) is a non-diversified closed-end management investment company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.