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GDV

Gabelli Dividend & Income TrustNYSE:GDV Stock Report

Last Price

US$25.85

Market Cap

US$2.3b

7D

-5.1%

1Y

14.8%

Updated

19 Jan, 2022

Data

Company Financials
GDV fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends5/6

GDV Stock Overview

The Gabelli Dividend & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc.

Price History & Performance

Summary of all time highs, changes and price drops for Gabelli Dividend & Income Trust
Historical stock prices
Current Share PriceUS$25.85
52 Week HighUS$27.61
52 Week LowUS$21.25
Beta1.32
1 Month Change0.35%
3 Month Change-4.47%
1 Year Change14.84%
3 Year Change29.32%
5 Year Change27.09%
Change since IPO29.25%

Recent News & Updates

Dec 01

Gabelli Dividend & Income Trust: 5.12% Distribution Yield, Steady Monthly Pay

GDV provides exposure to large-cap equity positions mostly in the U.S., though the largest sector exposure is financials. The financial sector exposure should benefit if interest rates tick higher in the coming years. This approach also can dampen out an investor's portfolio that is probably overweight tech.

May 06

Evaluating CEFs: GDV Improved Distribution Coverage, Lower Yield Than GAB

Photo by damedeeso/iStock via Getty Images Introduction In a series of articles evaluating CEFs (Closed-End Fund), I started by looking at two from Cornerstone with very high yields. I evaluated them looking at their ability in the past to support their very generous distributions and to pay a shareholder a

Shareholder Returns

GDVUS Capital MarketsUS Market
7D-5.1%-5.5%-4.6%
1Y14.8%24.6%7.7%

Return vs Industry: GDV underperformed the US Capital Markets industry which returned 25.7% over the past year.

Return vs Market: GDV exceeded the US Market which returned 10.2% over the past year.

Price Volatility

Is GDV's price volatile compared to industry and market?
GDV volatility
GDV Average Weekly Movement2.1%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

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.

About the Company

FoundedEmployeesCEOWebsite
2003n/an/ahttps://www.gabelli.com/Template/fundinfo.cfm?tid=NmYxNjA=&bid=YjZlMQ==&mid=MjhjMDg=&num=NmM0NjI=&kid=MWYxN2Q=&fid=NjY1YmM=&rid=411-=edoc_dnuf

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 States. The fund seeks to invest in stocks of companies operating across diversified sectors.

Gabelli Dividend & Income Trust Fundamentals Summary

How do Gabelli Dividend & Income Trust's earnings and revenue compare to its market cap?
GDV fundamental statistics
Market CapUS$2.34b
Earnings (TTM)US$865.30m
Revenue (TTM)US$52.85m

2.7x

P/E Ratio

44.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GDV income statement (TTM)
RevenueUS$52.85m
Cost of RevenueUS$0
Gross ProfitUS$52.85m
Expenses-US$812.45m
EarningsUS$865.30m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)9.57
Gross Margin100.00%
Net Profit Margin1,637.41%
Debt/Equity Ratio5.3%

How did GDV perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

14%

Payout Ratio

Does GDV pay a reliable dividends?

See GDV dividend history and benchmarks
When do you need to buy GDV by to receive an upcoming dividend?
Gabelli Dividend & Income Trust dividend dates
Ex Dividend DateFeb 10 2022
Dividend Pay DateFeb 18 2022
Days until Ex dividend20 days
Days until Dividend pay date28 days

Does GDV pay a reliable dividends?

See GDV dividend history and benchmarks

Valuation

Is Gabelli Dividend & Income Trust undervalued compared to its fair value and its price relative to the market?

2.7x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GDV ($25.85) is trading above our estimate of fair value ($22.44)

Significantly Below Fair Value: GDV is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GDV is good value based on its PE Ratio (2.7x) compared to the US Capital Markets industry average (15.5x).

PE vs Market: GDV is good value based on its PE Ratio (2.7x) compared to the US market (17x).


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 (0.9x) compared to the US Capital Markets industry average (42.2x).

Future Growth

How is Gabelli Dividend & Income Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

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?

18.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GDV has a large one-off gain of $856.8M impacting its June 30 2021 financial results.

Growing Profit Margin: GDV became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GDV has become profitable over the past 5 years, growing earnings by 18.3% per year.

Accelerating Growth: GDV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GDV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (86.4%).


Return on Equity

High ROE: GDV's Return on Equity (31.8%) is considered high.

Financial Health

How is Gabelli Dividend & Income Trust's financial position?


Financial Position Analysis

Short Term Liabilities: GDV's short term assets ($5.1M) do not cover its short term liabilities ($11.1M).

Long Term Liabilities: GDV's short term assets ($5.1M) do not cover its long term liabilities ($145.1M).


Debt to Equity History and Analysis

Debt Level: GDV's net debt to equity ratio (5.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GDV's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: Insufficient data to determine if GDV's debt is well covered by operating cash flow.

Interest Coverage: GDV's interest payments on its debt are well covered by EBIT (50.5x coverage).


Balance Sheet

Dividend

What is Gabelli Dividend & Income Trust current dividend yield, its reliability and sustainability?

5.11%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 20 2022Ex Dividend DateFeb 10 2022Dividend Pay DateFeb 18 20228 days from Ex DividendBuy in the next 20 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: GDV's dividend (5.11%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: GDV's dividend (5.11%) is in the top 25% of dividend payers in the US market (3.48%)


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: With its low payout ratio (13.8%), GDV's dividend payments are thoroughly covered by earnings.


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?

19.0yrs

Average board tenure


CEO

Gabelli Dividend & Income Trust has no CEO, or we have no data on them.


Board Members

Experienced Board: GDV's board of directors are seasoned and experienced ( 19 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.


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 employee growth, exchange listings and data sources


Key Information


Location

  • The Gabelli Dividend & Income Trust
  • One Corporate Center
  • Rye
  • New York
  • 10580-1422
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:42
End of Day Share Price2022/01/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.