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Gabelli Dividend & Income Trust About To Put More Money In Your Pocket (GDV)

This article is more than 10 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 7/15/13, Gabelli Dividend & Income Trust (NYSE: GDV) will trade ex-dividend, for its monthly dividend of $0.09, payable on 7/24/13. As a percentage of GDV's recent stock price of $19.67, this dividend works out to approximately 0.46%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Below is a dividend history chart for GDV, showing historical dividends prior to the most recent $0.09 declared by Gabelli Dividend & Income Trust:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GDV is likely to continue, and whether the current estimated yield of 5.49% on annualized basis is a reasonable expectation of annual yield going forward.

The chart below shows the one year performance of GDV shares, versus its 200 day moving average:

Looking at the chart above, GDV's low point in its 52 week range is $14.68 per share, with $20.39 as the 52 week high point — that compares with a last trade of $19.69.


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According to Preferred Stock Channel, there is are 2 series of preferred stock that are senior to GDV — find out what they are ».

In Thursday trading, Gabelli Dividend & Income Trust shares are currently up about 0.8% on the day.