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Gabelli Equity Trust Announces Quarterly Dividend of $0.15 per Share
ByAinvest
Thursday, Aug 21, 2025 12:19 pm ET1min read
Gabelli Equity Trust (NYSE:GAB) has declared a $0.15/share quarterly dividend, in line with previous. The forward yield is 10.08%. The dividend is payable on September 23 for shareholders of record on September 16, with an ex-dividend date of September 16.
Gabelli Equity Trust Inc. (NYSE: GAB) has reaffirmed its 10% distribution policy and declared a $0.15 per share quarterly dividend, payable on September 23, 2025, to shareholders of record on September 16, 2025. The forward yield is 10.08%, making it an attractive option for income-focused investors. The ex-dividend date is set for September 16, 2025 [2].The Fund's distribution policy aims to maintain a minimum annual distribution of 10% of the Fund's average net asset value (NAV) or sufficient amounts to meet IRS requirements for regulated investment companies. The distribution is subject to federal income tax rates of up to 20% for long-term capital gains and qualified dividend income, plus a 3.8% Medicare surcharge for certain shareholders [1].
For the year 2025, the distribution composition is estimated to include approximately 4% from net investment income, 26% from net capital gains, and 70% as return of capital on a book basis. This distribution policy may be modified by the Board of Directors at any time [1].
Gabelli Equity Trust is a diversified, closed-end management investment company with $2.1 billion in total net assets, managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI). The Fund's primary investment objective is long-term growth of capital through equity investments across multiple sectors [3].
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, contact Molly Marion at (914) 921-5681 or mmarion@gabelli.com.
References:
[1] https://finance.yahoo.com/news/gabelli-equity-trust-10-distribution-154600407.html
[2] https://seekingalpha.com/news/4487994-gabelli-equity-trust-declares-0_15-dividend
[3] https://www.stocktitan.net/news/GAB/
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