The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU – Get Free Report) announced a monthly dividend on Wednesday, November 11th. Investors of record on Thursday, January 14th will be paid a dividend of $0.11 per share on Friday, January 22nd. This represents a $1.32 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Thursday, January 14th.
The Gabelli Global Utility & Income Trust Trading Down 0.7%
NYSEAMERICAN GLU opened at $18.92 on Thursday. The Gabelli Global Utility & Income Trust has a 12-month low of $17.20 and a 12-month high of $21.69. The company has a 50 day moving average price of $18.15 and a two-hundred day moving average price of $19.29.
The Gabelli Global Utility & Income Trust Company Profile
The Gabelli Global Utility & Income Trust (NYSEAMERICAN: GLU) is a diversified, closed-end management investment company. The fund seeks to provide investors with a high level of current income and long-term capital appreciation by investing primarily in equity and debt securities issued by companies operating in the utility and related industries. Its investment universe may include electric, gas, water, telecommunications, cable, satellite, and power companies, as well as other businesses connected to utility infrastructure and essential services.
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