Gabelli Global Utility & Income Trust. (GLU) Dividend History

$14.33 $0.04

Dividend Score
Dividend Yield
8.37%

Annual Payment
$1.2

Payout Ratio
0%
Dividend Increases
0 yrs

Price Chart

Key Metrics

Sector Financial Services
Industry Asset Management
Avg daily volume 11,054
Market cap 17,219,600
Beta 0.93
Trailing 12 Month EPS 0.62
Next Earnings Date
Ex-dividend date 2024-03-13
P/E ratio 0

Company Description

The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends. The fund also invests in income producing securities such as governments. It invests in stocks of companies across market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Global Utility & Income Trust was formed on May 28, 2004 and is based in United States.

Peers

Dividend Payments

Forward Yield
8.37%
Forward Payment
$1.2

Trailing Yield
8.23%
Trailing Payment
$1.2

Last Increase
Jan 24,20 52.21%
Last Cut
Jul 24,19 -34.3%

5 Year Average Yield
7.15%
% Below Current Yield
-17.05%

5 Year Div Growth Rate
4.14%
Payment Frequency
Monthly

Historical Dividend Payments