The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU – Get Free Report) announced a monthly dividend on Wednesday, November 11th. Investors of record on Wednesday, March 17th will be given a dividend of $0.11 per share on Wednesday, March 24th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Wednesday, March 17th.
The Gabelli Global Utility & Income Trust Stock Performance
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 fifty day simple moving average of $18.15 and a 200 day simple moving average 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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