GRX Maintains 14-Year Dividend Streak Amid Lower Interest Rates
Gabelli Healthcare & WellnessRx Trust (GRX) has maintained its 14-year dividend streak, recently increasing its quarterly payout to $0.17 from $0.15. Lower Federal Reserve rates are helping reduce leverage costs, supporting the fund's ability to sustain dividends, though healthcare inflation may limit future growth.
Tickers: $GRX
Topics: closed-end-funds dividends Gabelli Healthcare & WellnessRx Trust GRX healthcare