Gabelli Multimedia Trust Inc. (NYSE:GGT – Get Free Report) declared a monthly dividend on Wednesday, November 11th. Investors of record on Thursday, January 14th will be given a dividend of $0.07 per share by the financial services provider on Friday, January 22nd. This represents a $0.84 dividend on an annualized basis and a yield of 22.4%. The ex-dividend date of this dividend is Thursday, January 14th. This is a 12.5% decrease from Gabelli Multimedia Trust’s previous monthly dividend of $0.08.
Gabelli Multimedia Trust Stock Up 0.8%
Gabelli Multimedia Trust stock opened at $3.75 on Thursday. Gabelli Multimedia Trust has a 1-year low of $3.11 and a 1-year high of $4.37. The firm’s 50 day simple moving average is $3.81 and its 200 day simple moving average is $4.06.
About Gabelli Multimedia Trust
Gabelli Multimedia Trust (NYSE:GGT) is a diversified closed-end management investment company. The fund seeks long-term growth of capital and current income by investing primarily in companies involved in the multimedia, communications and entertainment industries. Its portfolio may include businesses engaged in broadcasting, cable and satellite services, telecommunications, publishing, entertainment, digital media and related technologies. The trust invests in publicly traded securities and may consider opportunities in both U.S. and international markets.
Read More
- Five stocks we like better than Gabelli Multimedia Trust
- Palantir’s Real Washington Risk Isn’t the Budget—It’s Oversight
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
Receive News & Ratings for Gabelli Multimedia Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gabelli Multimedia Trust and related companies with MarketBeat.com's FREE daily email newsletter.
