The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) to Issue $0.21 Quarterly Dividend

The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) announced a quarterly dividend on Wednesday, May 13th. Shareholders of record on Monday, June 15th will be given a dividend of 0.21 per share on Tuesday, June 23rd. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date is Monday, June 15th.

The Gabelli Global Small and Mid Cap Value Trust Price Performance

The Gabelli Global Small and Mid Cap Value Trust stock opened at $15.66 on Thursday. The Gabelli Global Small and Mid Cap Value Trust has a 52 week low of $12.45 and a 52 week high of $16.80. The company’s 50 day moving average price is $15.67 and its two-hundred day moving average price is $15.25.

About The Gabelli Global Small and Mid Cap Value Trust

The Gabelli Global Small and Mid Cap Value Trust (NYSE: GGZ) is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in the equity securities of small- and mid-capitalization companies around the world. By focusing on businesses that are typically underfollowed or underrepresented by the broader market, the Trust aims to capture value opportunities in developed and emerging markets alike. Its portfolio is diversified across sectors, with an emphasis on companies whose shares appear undervalued relative to their intrinsic business prospects.

Adopting a value-oriented, bottom-up investment approach, the Trust’s management team conducts in-depth fundamental research to identify global small and mid cap companies with strong balance sheets, proven business models and potential for above-average earnings growth.