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.

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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.

Dividend History for Gabelli Equity Trust, Inc. (The) (NYSE:GAB)

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