Gabelli Healthcare & WellnessRx Trust Closed-Ended Fund (NYSE:GRX) declared a quarterly dividend on Thursday, August 22nd, Zacks reports. Stockholders of record on Monday, September 16th will be paid a dividend of 0.14 per share by the investment management company on Monday, September 23rd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.25%. The ex-dividend date of this dividend is Friday, September 13th.

Gabelli Healthcare & WellnessRx Trust Closed-Ended Fund has increased its dividend by an average of 0.6% per year over the last three years.

Shares of GRX traded up $0.09 during trading hours on Wednesday, hitting $10.67. The company had a trading volume of 268 shares, compared to its average volume of 34,862. Gabelli Healthcare & WellnessRx Trust Closed-Ended Fund has a 52-week low of $8.76 and a 52-week high of $11.15. The stock’s 50 day moving average price is $10.46 and its 200 day moving average price is $10.46.

In related news, Director James P. Conn sold 6,173 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $10.41, for a total transaction of $64,260.93. Following the transaction, the director now directly owns 89,344 shares in the company, valued at approximately $930,071.04. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Mario J. Gabelli purchased 20,000 shares of the firm’s stock in a transaction on Wednesday, June 26th. The stock was bought at an average cost of $10.50 per share, for a total transaction of $210,000.00. The disclosure for this purchase can be found here.

Gabelli Healthcare & WellnessRx Trust Closed-Ended Fund Company Profile

The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector.

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Dividend History for Gabelli Healthcare & WellnessRx Trust Closed-Ended Fund (NYSE:GRX)

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