Gabelli Multimedia Trust Inc. (NYSE:GGT) Declares Monthly Dividend of $0.07

Gabelli Multimedia Trust Inc. (NYSE:GGT) announced a monthly dividend on Wednesday, November 12th. Shareholders of record on Thursday, January 15th will be given a dividend of 0.07 per share by the financial services provider on Friday, January 23rd. This represents a c) annualized dividend and a yield of 20.7%. The ex-dividend date of this dividend is Thursday, January 15th.

Gabelli Multimedia Trust Stock Performance

GGT traded down $0.13 during midday trading on Thursday, reaching $4.06. The company had a trading volume of 163,556 shares, compared to its average volume of 155,694. The business has a 50-day moving average of $4.16 and a two-hundred day moving average of $4.18. Gabelli Multimedia Trust has a 1 year low of $3.75 and a 1 year high of $5.13.

About 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.