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Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Forward Dividend Yield % : 5.99% (As of Apr. 26, 2024)


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What is Gabelli Dividend &ome Trust Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Gabelli Dividend &ome Trust is 5.99%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Gabelli Dividend &ome Trust is 5.99%.

GDV's Forward Dividend Yield % is ranked better than
51.04% of 1203 companies
in the Asset Management industry
Industry Median: 5.88 vs GDV: 5.99

Gabelli Dividend &ome Trust's Dividends per Share for the six months ended in Dec. 2023 was $0.66.

During the past 5 years, the average Dividends Per Share Growth Rate was 0.10% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Gabelli Dividend &ome Trust was 0.10% per year. The lowest was 0.10% per year. And the median was 0.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Gabelli Dividend &ome Trust's Forward Dividend Yield %

For the Asset Management subindustry, Gabelli Dividend &ome Trust's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Forward Dividend Yield % Distribution in the Asset Management Industry

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

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



Gabelli Dividend &ome Trust Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Gabelli Dividend &ome Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1102024-04-152024-04-162024-04-23Cash DividendmonthlyUSD:USD 1.000000
USD 0.1102024-03-132024-03-142024-03-21Cash DividendmonthlyUSD:USD 1.000000
USD 0.1102024-02-132024-02-142024-02-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.1102024-01-162024-01-172024-01-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.1102023-12-142023-12-152023-12-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.1102023-11-142023-11-152023-11-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.1102023-10-162023-10-172023-10-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.1102023-09-142023-09-152023-09-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.1102023-08-162023-08-172023-08-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.1102023-07-142023-07-172023-07-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.1102023-06-142023-06-152023-06-23Cash DividendmonthlyUSD:USD 1.000000
USD 0.1102023-05-152023-05-162023-05-23Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Gabelli Dividend &ome Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.32/22.13
=5.96 %

Current Share Price is $22.13.
Gabelli Dividend &ome Trust's Dividends per Share for the forward twelve months is calculated as $0.11 * 12 = $1.32.

Gabelli Dividend &ome Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.32/22.13
=5.96 %

Current Share Price is $22.13.
Gabelli Dividend &ome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.32.

* 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) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Gabelli Dividend &ome Trust Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Gabelli Dividend &ome Trust's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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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