Gabelli Equity Trust Dividend
Dividend criteria checks 3/6
Gabelli Equity Trust is a dividend paying company with a current yield of 11.26% that is well covered by earnings.
Key information
11.3%
Dividend yield
86%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.72 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
GAB: Multi-Year Lows In The Premium For This Equity CEF
Nov 01Tracking Mario Gabelli's Gabelli Funds 13F Portfolio - Q2 2023 Update
Aug 23GAB And USA: The Results After Making A Swap
Aug 01Gabelli Equity Trust declares $0.15 dividend
Feb 17Gabelli Equity Trust declares $0.15 dividend
Nov 11Gabelli Equity Trust goes ex-dividend tomorrow
Sep 14GAB: Playing With Fire, USA A Worthwhile Swap Candidate
Jun 14GAB: 10% Managed Distribution Plan Attracts Income Investors, Premium Is Climbing Higher
Nov 19GAB: Tempting Distribution Yield, Potential Opportunity
Aug 16Gabelli Equity Trust: Rights Offering Analysis
Jun 22Evaluating CEFs: A Look At GAB
Jan 13Gabelli Equity Trust declares $0.15 dividend
Nov 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GAB's dividend payments have been volatile in the past 10 years.
Growing Dividend: GAB's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Gabelli Equity Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GAB) | 11.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (GAB) | n/a |
Notable Dividend: GAB's dividend (11.26%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: GAB's dividend (11.26%) is in the top 25% of dividend payers in the US market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.2%), GAB's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (122.4%), GAB's dividend payments are not well covered by cash flows.