The Gabelli Equity Trust Inc. (NYSE:GAB) Announces Quarterly Dividend of $0.15

The Gabelli Equity Trust Inc. (NYSE:GABGet Free Report) declared a quarterly dividend on Thursday, May 16th, NASDAQ reports. Stockholders of record on Thursday, June 13th will be paid a dividend of 0.15 per share by the financial services provider on Friday, June 21st. This represents a $0.60 annualized dividend and a dividend yield of 10.83%. The ex-dividend date is Thursday, June 13th.

The Gabelli Equity Trust Trading Down 0.7 %

Shares of GAB stock opened at $5.54 on Tuesday. The Gabelli Equity Trust has a 1 year low of $4.56 and a 1 year high of $5.88. The business’s fifty day moving average is $5.41 and its 200-day moving average is $5.30.

About The Gabelli Equity Trust

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The Gabelli Equity Trust Inc is a closed ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights.

See Also

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

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