The Gabelli Dividend & Income Trust Insider Mario J. Gabelli Unloads 5,500 Shares (GDV)
The Gabelli Dividend & Income Trust (NYSE:GDV) Insider Mario J. Gabelli sold 5,500 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $22.06, for a total value of $121,330.00. Following the sale, the insider now directly owns 130,658 shares in the company, valued at approximately $2,882,315. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of The Gabelli Dividend & Income Trust (NYSE:GDV) traded down 0.15% during mid-day trading on Wednesday, hitting $22.117. 47,394 shares of the company’s stock traded hands. The Gabelli Dividend & Income Trust has a 52-week low of $18.2638 and a 52-week high of $22.28. The stock has a 50-day moving average of $21.68 and a 200-day moving average of $21.27.
The company also recently declared a monthly dividend, which is scheduled for Thursday, November 20th. Investors of record on Thursday, November 13th will be given a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.42%. The ex-dividend date of this dividend is Monday, November 10th.
The Gabelli Dividend & Income Trust (NYSE:GDV) is a non-diversified closed-end management investment company.
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