Gabelli Equity Trust, Inc. (The) (GAB) Receives Daily Coverage Optimism Score of 0.19
Press coverage about Gabelli Equity Trust, Inc. (The) (NYSE:GAB) has been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Gabelli Equity Trust, Inc. (The) earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 47.7883466816925 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Gabelli Equity Trust, Inc. (NYSE GAB) opened at 6.41 on Tuesday. Gabelli Equity Trust, Inc. has a 52-week low of $5.13 and a 52-week high of $6.43. The company’s 50-day moving average is $6.27 and its 200 day moving average is $6.14.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Friday, September 15th will be issued a $0.15 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.60 dividend on an annualized basis and a yield of 9.36%.
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About Gabelli Equity Trust, Inc. (The)
The Gabelli Equity Trust Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary objective is to achieve long term growth of capital with income as a secondary objective. The Fund will invest at least 80% of its assets in equity securities under normal market conditions.
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