Forbes -
13 Mar 2013 19:38

On 3/15/13, Gabelli Equity Trust Incorporated's 5.00% Series H Cumulative Preferred Stock (NYSE: GAB.PRH) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 3/26/13. As a percentage of GAB.PRH's recent share price of $26.08, this dividend works out to approximately 1.20%, so look for shares of GAB.PRH to trade 1.20% lower — all else being equal — when GAB.PRH shares open for trading on 3/15/13. On an annualized basis, the current yield is approximately 4.79%,...
Share this Article