Forbes -
12 Dec 2013 20:32

On 12/16/13, Gabelli Equity Trust's Series G Cumulative Preferred Stock (NYSE: GAB.PRG) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 12/26/13. As a percentage of GAB.PRG's recent share price of $21.24, this dividend works out to approximately 1.47%, so look for shares of GAB.PRG to trade 1.47% lower -- all else being equal -- when GAB.PRG shares open for trading on 12/16/13. On an annualized basis, the current yield is approximately 5.83%, which compares to an averag...
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