Gabelli Global Utility & Income Trust Closed-Ended Fund (GLU) to Issue Monthly Dividend of $0.10 on July 24th

Gabelli Global Utility & Income Trust Closed-Ended Fund (NYSEAMERICAN:GLU) announced a monthly dividend on Friday, May 17th, Wall Street Journal reports. Shareholders of record on Wednesday, July 17th will be paid a dividend of 0.10 per share on Wednesday, July 24th. This represents a $1.20 annualized dividend and a yield of 6.40%. The ex-dividend date is Tuesday, July 16th.

Shares of NYSEAMERICAN GLU opened at $18.74 on Friday. Gabelli Global Utility & Income Trust Closed-Ended Fund has a 12-month low of $15.03 and a 12-month high of $20.31.

Gabelli Global Utility & Income Trust Closed-Ended Fund Company Profile

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.

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Dividend History for Gabelli Global Utility & Income Trust Closed-Ended Fund (NYSEAMERICAN:GLU)

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