Gabelli Multimedia Trust Inc. (GGT) to Issue Monthly Dividend of $0.07 on December 19th

by · The Cerbat Gem

Gabelli Multimedia Trust Inc. (NYSE:GGT – Get Free Report) declared a monthly dividend on Thursday, August 21st, Wall Street Journal reports. Stockholders of record on Friday, December 12th will be given a dividend of 0.07 per share by the financial services provider on Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 20.1%. The ex-dividend date is Friday, December 12th.

Gabelli Multimedia Trust Stock Performance

Shares of NYSE GGT opened at $4.18 on Wednesday. The business’s 50-day moving average price is $4.08 and its two-hundred day moving average price is $4.15. Gabelli Multimedia Trust has a one year low of $3.75 and a one year high of $5.12.

About Gabelli Multimedia Trust

(Get Free Report)

The Gabelli Multimedia Trust Inc is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It invests in stocks, convertible securities, preferred stock, options, and warrants of companies operating across global telecommunications, media, publishing, and entertainment industries.

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