Gabelli Dividend & Income Trust
Market Cap
US$2.1b
Last Updated
2021/02/24 23:49 UTC
Data Sources
Company Financials
Executive Summary
The Gabelli Dividend & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. More Details
Snowflake Analysis
Share Price & News
How has Gabelli Dividend & Income Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GDV is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: GDV's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
GDV
0.2%
US Capital Markets
-1.4%
US Market
1 Year Return
13.6%
GDV
33.4%
US Capital Markets
37.1%
US Market
Return vs Industry: GDV underperformed the US Capital Markets industry which returned 29% over the past year.
Return vs Market: GDV underperformed the US Market which returned 34.1% over the past year.
Shareholder returns
| GDV | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 0.2% | -1.4% |
| 30 Day | 3.3% | 7.6% | 1.6% |
| 90 Day | 10.5% | 18.4% | 7.3% |
| 1 Year | 21.8%13.6% | 36.8%33.4% | 40.2%37.1% |
| 3 Year | 23.5%1.2% | 41.4%30.9% | 62.5%52.1% |
| 5 Year | 82.6%31.6% | 152.2%120.9% | 133.9%108.0% |
Long-Term Price Volatility Vs. Market
How volatile is Gabelli Dividend & Income Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Gabelli Dividend & Income Trust undervalued compared to its fair value and its price relative to the market?
1.14x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: GDV ($23.09) is trading above our estimate of fair value ($21.11)
Significantly Below Fair Value: GDV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GDV is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.
PE vs Market: GDV is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GDV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GDV is good value based on its PB Ratio (1.1x) compared to the US Capital Markets industry average (10.6x).
Future Growth
How is Gabelli Dividend & Income Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.4%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gabelli Dividend & Income Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Gabelli Dividend & Income Trust performed over the past 5 years?
11.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GDV is currently unprofitable.
Growing Profit Margin: GDV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GDV is unprofitable, but has reduced losses over the past 5 years at a rate of 11.2% per year.
Accelerating Growth: Unable to compare GDV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GDV is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (7.6%).
Return on Equity
High ROE: GDV has a negative Return on Equity (-5.43%), as it is currently unprofitable.
Financial Health
How is Gabelli Dividend & Income Trust's financial position?
Financial Position Analysis
Short Term Liabilities: GDV's short term assets ($7.8M) exceed its short term liabilities ($2.9M).
Long Term Liabilities: GDV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GDV is debt free.
Reducing Debt: GDV has not had any debt for past 5 years.
Debt Coverage: GDV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GDV has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Gabelli Dividend & Income Trust current dividend yield, its reliability and sustainability?
5.72%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GDV's dividend (5.72%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: GDV's dividend (5.72%) is in the top 25% of dividend payers in the US market (3.75%)
Stability and Growth of Payments
Stable Dividend: GDV's dividends per share have been stable in the past 10 years.
Growing Dividend: GDV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: GDV is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Management
How experienced are the management team and are they aligned to shareholders interests?
18.1yrs
Average board tenure
CEO
Gabelli Dividend & Income Trust has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & Chief Investment Officer | no data | no data | 0.16% $ 3.3m | |
| Independent Trustee | 18.08yrs | US$32.00k | 0.0017% $ 34.7k | |
| Lead Independent Trustee | no data | US$28.00k | no data | |
| Independent Trustee | 18.08yrs | US$26.00k | 0.0051% $ 106.6k | |
| 18.08yrs | US$26.00k | 0.011% $ 231.0k | ||
| 18.08yrs | US$27.50k | 0.0024% $ 50.8k | ||
| Independent Trustee | 18.08yrs | US$28.00k | no data | |
| Independent Trustee | 18.08yrs | US$27.00k | 0.0066% $ 137.3k | |
| Independent Trustee | 18.08yrs | US$31.00k | 0.0018% $ 38.0k |
18.1yrs
Average Tenure
77yo
Average Age
Experienced Board: GDV's board of directors are seasoned and experienced ( 18.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Gabelli Dividend & Income Trust's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Gabelli Dividend & Income Trust
- Ticker: GDV
- Exchange: NYSE
- Founded: 2003
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$2.090b
- Shares outstanding: 90.53m
- Website: https://www.gabelli.com/Template/fundinfo.cfm?tid=NmYxNjA=&bid=YjZlMQ==&mid=MjhjMDg=&num=NmM0NjI=&kid=MWYxN2Q=&fid=NjY1YmM=&rid=411-=edoc_dnuf
Location
- The Gabelli Dividend & Income Trust
- One Corporate Center
- Rye
- New York
- 10580-1422
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GDV | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Nov 2003 |
| GDV.PRH | NYSE (New York Stock Exchange) | 5.375 SR H CUM P | US | USD | Jun 2019 |
Biography
The Gabelli Dividend & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United State...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/24 23:49 |
| End of Day Share Price | 2021/02/24 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.