On 3/15/13, Gabelli Equity Trust Incorporated's Series G Cumulative Preferred Stock (NYSE: GAB.PRG) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 3/26/13. As a percentage of GAB.PRG's recent share price of $26.08, this dividend works out to approximately 1.44%, so look for shares of GAB.PRG to trade 1.44% lower — all else being equal — when GAB.PRG shares open for trading on 3/15/13. On an annualized basis, the current yield is approximately 5.76%, which ...
Ex-Div Reminder for Gabelli Equity Trust's Series G Cumulative Preferred Stock
Forbes - 13 Mar 2013 19:37
On 3/15/13, Gabelli Equity Trust Incorporated's Series G Cumulative Preferred Stock (NYSE: GAB.PRG) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 3/26/13. As a percentage of GAB.PRG's recent share price of $26.08, this dividend works out to approximately 1.44%, so look for shares of GAB.PRG to trade 1.44% lower — all else being equal — when GAB.PRG shares open for trading on 3/15/13. On an annualized basis, the current yield is approximately 5.76%, which ...
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