Susan Virginia Watson Purchases 1,000 Shares of The Gabelli Dividend & Income Trust (GDV) Stock
The Gabelli Dividend & Income Trust (NYSE:GDV) Director Susan Virginia Watson acquired 1,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was acquired at an average price of $23.40 per share, for a total transaction of $23,400.00. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.
The Gabelli Dividend & Income Trust (GDV) traded up $0.07 during trading hours on Friday, hitting $23.82. 137,949 shares of the stock were exchanged, compared to its average volume of 161,175. The Gabelli Dividend & Income Trust has a 1 year low of $20.03 and a 1 year high of $23.87.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, March 22nd. Stockholders of record on Thursday, March 15th will be paid a $0.11 dividend. The ex-dividend date is Wednesday, March 14th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.54%.
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About The Gabelli Dividend & Income Trust
The Gabelli Dividend & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a level of total return on its assets with an emphasis on dividends and income. The Fund invests at least 80% of its assets in dividend paying securities, such as common and preferred stock or other income producing securities, such as fixed income debt securities and securities that are convertible into equity securities.
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