The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU – Get Free Report) declared a monthly dividend on Wednesday, November 11th. Shareholders of record on Thursday, February 11th will be paid a dividend of $0.11 per share on Friday, February 19th. This represents a $1.32 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date is Thursday, February 11th.
The Gabelli Global Utility & Income Trust Stock Down 0.7%
Shares of GLU opened at $18.92 on Thursday. The Gabelli Global Utility & Income Trust has a 52-week low of $17.20 and a 52-week high of $21.69. The firm’s fifty day moving average is $18.15 and its two-hundred day moving average is $19.29.
About The Gabelli Global Utility & Income Trust
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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