Gabelli Equity Trust Inc (GAB) Announces Quarterly Dividend of $0.15 Per Share
Gabelli Equity Trust Inc (GAB) has declared a quarterly dividend of $0.15 per share, maintaining its previous payout level. The distribution carries a forward yield of approximately 11.05%, reflecting the trust's ongoing commitment to consistent income distribution for shareholders. The dividend is scheduled to be paid on December 18, with the ex-dividend date and the record date both set for December 11. This announcement follows recent commentary regarding Mario Gabelli's fund portfolio management and provides clarity on the upcoming cash flow timeline for investors.
Tickers: $GAB
Topics: dividend declaration quarterly dividend yield analysis