The Gabelli Dividend & Income Trust (GDV) has announced a dividend of $0.140 per share, with the ex-dividend date set for Aug 15, 2025, and the payment date scheduled for Aug 22, 2025. This dividend is slightly higher than the average of the previous 10 payouts, which stood at $0.104 per share, marking a substantial increase. The dividend type is a cash dividend. The company previously issued a dividend on Jul 24, 2025, also at $0.140 per share, which was similarly a cash dividend. This consistent dividend payout reflects GDV's stable financial performance and commitment to shareholder returns.
Recently,
Dividend & Income Trust (GDV) has been at the center of several notable updates. Over the past week, there has been a comprehensive overview of
by analysts, providing insights into mutual fund news, market conditions, and interest rates. In another development, Avantax Advisory Services Inc. has recently acquired new stakes in GDV shares, indicating growing investor confidence in the trust's future prospects. This move is seen as a positive signal for GDV's market performance and could lead to increased investor interest.
Since the last update, GDV's preferred shares, specifically GDV.PR.K and GDV.PR.H, have been highlighted for their attractive yields of 5.71% and 5.81%, respectively, with call dates set for 2026 and 2024. These figures suggest a shift in focus towards preferred stocks offering yields above 6%, underscoring GDV's strategic positioning in the current market landscape. As of late, GDV's common shares have also shown resilience despite a discount of 10.5% from their NAV, demonstrating strong market returns of 22.8%.
In conclusion, GDV continues to be a reliable choice for investors looking for stable dividends and strategic market positioning. The ex-dividend date of Aug 15, 2025, is crucial for investors wishing to benefit from this payout. Any stock purchases after this date will not qualify for the current dividend distribution, making timely investment decisions vital for maximizing returns.
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