The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU – Get Free Report) declared a monthly dividend on Wednesday, August 12th. Investors of record on Friday, December 11th will be paid a dividend of 0.11 per share on Friday, December 18th. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Friday, December 11th.
The Gabelli Global Utility & Income Trust Stock Down 0.2%
NYSEAMERICAN:GLU opened at $19.31 on Friday. The Gabelli Global Utility & Income Trust has a 12 month low of $17.62 and a 12 month high of $21.69. The company has a 50 day simple moving average of $19.18 and a two-hundred day simple moving average of $19.70.
About The Gabelli Global Utility & Income Trust
The Gabelli Global Utility & Income Trust (NYSE American: GLU) is a closed-end management investment company that seeks to provide shareholders with current dividend income and capital appreciation. The trust primarily invests in equity and debt securities of utility and utility-related companies around the world. Its portfolio includes common stocks, preferred shares and corporate bonds issued by firms engaged in electric, gas, water and telecommunications services, as well as infrastructure businesses that support these industries.
GLU’s investment approach emphasizes established, dividend-paying companies with the potential for steady earnings and cash flow.
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