The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU – Get Free Report) declared a monthly dividend on Wednesday, February 11th. Shareholders of record on Thursday, May 14th will be given a dividend of 0.11 per share on Thursday, May 21st. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date is Thursday, May 14th.
The Gabelli Global Utility & Income Trust Stock Up 0.7%
Shares of NYSEAMERICAN:GLU opened at $19.91 on Tuesday. The Gabelli Global Utility & Income Trust has a 52 week low of $16.33 and a 52 week high of $21.69. The business has a fifty day simple moving average of $19.80 and a 200-day simple moving average of $19.49.
The Gabelli Global Utility & Income Trust Company Profile
The Gabelli Global Utility & Income Trust (NYSE American: GLU) is a closed-end management investment company that seeks to provide shareholders with current dividend income and capital appreciation. The trust primarily invests in equity and debt securities of utility and utility-related companies around the world. Its portfolio includes common stocks, preferred shares and corporate bonds issued by firms engaged in electric, gas, water and telecommunications services, as well as infrastructure businesses that support these industries.
GLU’s investment approach emphasizes established, dividend-paying companies with the potential for steady earnings and cash flow.
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