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Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Pretax Margin % : 99.13% (As of Dec. 2023)


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What is Gabelli Dividend &ome Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gabelli Dividend &ome Trust's Pre-Tax Income for the six months ended in Dec. 2023 was $107.6 Mil. Gabelli Dividend &ome Trust's Revenue for the six months ended in Dec. 2023 was $108.5 Mil. Therefore, Gabelli Dividend &ome Trust's pretax margin for the quarter that ended in Dec. 2023 was 99.13%.

The historical rank and industry rank for Gabelli Dividend &ome Trust's Pretax Margin % or its related term are showing as below:

GDV' s Pretax Margin % Range Over the Past 10 Years
Min: 98.88   Med: 99.64   Max: 100.54
Current: 99.27


GDV's Pretax Margin % is ranked better than
76.69% of 1669 companies
in the Asset Management industry
Industry Median: 89.71 vs GDV: 99.27

Gabelli Dividend &ome Trust Pretax Margin % Historical Data

The historical data trend for Gabelli Dividend &ome Trust's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gabelli Dividend &ome Trust Pretax Margin % Chart

Gabelli Dividend &ome Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 100.19 99.64 99.64 100.54 99.27

Gabelli Dividend &ome Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.30 100.19 99.23 99.37 99.13

Competitive Comparison of Gabelli Dividend &ome Trust's Pretax Margin %

For the Asset Management subindustry, Gabelli Dividend &ome Trust's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gabelli Dividend &ome Trust's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Dividend &ome Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Gabelli Dividend &ome Trust's Pretax Margin % falls into.



Gabelli Dividend &ome Trust Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Gabelli Dividend &ome Trust's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=262.529/264.455
=99.27 %

Gabelli Dividend &ome Trust's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=107.587/108.527
=99.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gabelli Dividend &ome Trust  (NYSE:GDV) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Gabelli Dividend &ome Trust Pretax Margin % Related Terms

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Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Dividend & Income Trust operates as a diversified closed-end management investment company. The fund's investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income. To achieve its objective, the fund may invest 80% of its assets in dividend-paying securities or other income-producing securities. The fund invests in various sectors, in which Financial Services, Food & Beverage, Health Care, Consumer Products, Electronics and Computer Software & Services accounts for the majority weightage.
Executives
Mario J Gabelli director, officer: Chief Financial Officer 191 MASON STREET, GREENWICH CT 06830
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Christina A. Peeney director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Group Ag Ubs 10 percent owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Elizabeth C Bogan director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Salvatore M Salibello director ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Susan Virginia Watson director C/O INTERPUBLIC GROUP OF COMPANIES, 1271 AVE OF AMERICAS 44TH FLOOR, NEW YORK NY 10019
James P Conn director
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255

Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Headlines

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