The Gabelli Multimedia Trust Inc. (GGT) To Go Ex-Dividend on September 16th

The Gabelli Multimedia Trust Inc. (NYSE:GGT) announced a monthly dividend on Friday, May 16th, Wall Street Journal reports. Investors of record on Tuesday, September 16th will be given a dividend of 0.07 per share by the financial services provider on Tuesday, September 23rd. This represents a $0.84 dividend on an annualized basis and a yield of 20.10%. The ex-dividend date is Tuesday, September 16th.

The Gabelli Multimedia Trust Price Performance

NYSE GGT opened at $4.18 on Friday. The Gabelli Multimedia Trust has a one year low of $4.00 and a one year high of $5.98. The company’s 50-day simple moving average is $4.50 and its two-hundred day simple moving average is $4.69.

About The Gabelli Multimedia Trust

The Gabelli Multimedia Trust Inc is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It invests in stocks, convertible securities, preferred stock, options, and warrants of companies operating across global telecommunications, media, publishing, and entertainment industries.