Gabelli Equity Trust Inc. (NYSE:GAB) Announces $0.15 Quarterly Dividend

Gabelli Equity Trust Inc. (NYSE:GAB) announced a quarterly dividend on Wednesday, November 12th. Investors of record on Friday, December 12th will be paid a dividend of 0.15 per share by the financial services provider on Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 9.9%. The ex-dividend date of this dividend is Friday, December 12th.

Gabelli Equity Trust Stock Up 0.2%

Shares of NYSE:GAB opened at $6.06 on Thursday. The business has a 50-day moving average of $6.08 and a two-hundred day moving average of $5.91. Gabelli Equity Trust has a fifty-two week low of $4.50 and a fifty-two week high of $6.32.

About Gabelli Equity Trust

The Gabelli Equity Trust Inc is a closed ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights.