In trading on Wednesday, shares of Gabelli Dividend & Income Trust’s 5.375% Series H Cumulative Preferred Shares (Symbol: GDV.PRH) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.3436), with shares changing hands as low as $20.65 on the day. This compares to an average yield of 6.67% in the “ETFs & CEFs” preferred stock category, according to Preferred Stock Channel. As of last close, GDV.PRH was trading at a 16.44% discount to its liquidation preference amount, versus the average discount of 21.76% in the “ETFs & CEFs” category.
The chart below shows the one year performance of GDV.PRH shares, versus GDV:
Below is a dividend history chart for GDV.PRH, showing historical dividend payments on Gabelli Dividend & Income Trust’s 5.375% Series H Cumulative Preferred Shares:
In Wednesday trading, Gabelli Dividend & Income Trust’s 5.375% Series H Cumulative Preferred Shares (Symbol: GDV.PRH) is currently off about 0.7% on the day, while the common shares (Symbol: GDV) are up about 0.3%.
