Gabelli Equity Trust, Inc. (The) (GAB) Announces Quarterly Dividend of $0.15
Gabelli Equity Trust, Inc. (The) (NYSE:GAB) announced a quarterly dividend on Friday, August 25th, Zacks reports. Stockholders of record on Friday, September 15th will be paid a dividend of 0.15 per share by the financial services provider on Friday, September 22nd. This represents a $0.60 annualized dividend and a dividend yield of 9.43%. The ex-dividend date of this dividend is Thursday, September 14th.
Gabelli Equity Trust, Inc. (The) has decreased its dividend payment by an average of 1.1% annually over the last three years.
Shares of Gabelli Equity Trust, Inc. (GAB) traded down 0.16% during mid-day trading on Friday, hitting $6.36. 376,975 shares of the stock traded hands. The firm’s 50-day moving average is $6.27 and its 200-day moving average is $6.13. Gabelli Equity Trust, Inc. has a 52 week low of $5.13 and a 52 week high of $6.42.
COPYRIGHT VIOLATION NOTICE: “Gabelli Equity Trust, Inc. (The) (GAB) Announces Quarterly Dividend of $0.15” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this article on another publication, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/09/09/gabelli-equity-trust-inc-the-gab-announces-quarterly-dividend-of-0-15.html.
Gabelli Equity Trust, Inc. (The) Company Profile
The Gabelli Equity Trust Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary objective is to achieve long term growth of capital with income as a secondary objective. The Fund will invest at least 80% of its assets in equity securities under normal market conditions.
Receive News & Ratings for Gabelli Equity Trust Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gabelli Equity Trust Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.