| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
GDV Stock Overview
The Gabelli Dividend & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$25.85 |
| 52 Week High | US$27.61 |
| 52 Week Low | US$21.25 |
| Beta | 1.32 |
| 1 Month Change | 0.35% |
| 3 Month Change | -4.47% |
| 1 Year Change | 14.84% |
| 3 Year Change | 29.32% |
| 5 Year Change | 27.09% |
| Change since IPO | 29.25% |
Recent News & Updates
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.
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
| GDV | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -5.1% | -5.5% | -4.6% |
| 1Y | 14.8% | 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
| GDV volatility | |
|---|---|
| GDV Average Weekly Movement | 2.1% |
| Capital Markets Industry Average Movement | 0.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | n/a | n/a | https://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
| GDV fundamental statistics | |
|---|---|
| Market Cap | US$2.34b |
| Earnings (TTM) | US$865.30m |
| Revenue (TTM) | US$52.85m |
2.7x
P/E Ratio44.2x
P/S RatioIs GDV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GDV income statement (TTM) | |
|---|---|
| Revenue | US$52.85m |
| Cost of Revenue | US$0 |
| Gross Profit | US$52.85m |
| Expenses | -US$812.45m |
| Earnings | US$865.30m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 9.57 |
| Gross Margin | 100.00% |
| Net Profit Margin | 1,637.41% |
| Debt/Equity Ratio | 5.3% |
How did GDV perform over the long term?
See historical performance and comparisonDividends
5.1%
Current Dividend Yield14%
Payout RatioDoes GDV pay a reliable dividends?
See GDV dividend history and benchmarks| Gabelli Dividend & Income Trust dividend dates | |
|---|---|
| Ex Dividend Date | Feb 10 2022 |
| Dividend Pay Date | Feb 18 2022 |
| Days until Ex dividend | 20 days |
| Days until Dividend pay date | 28 days |
Does GDV pay a reliable dividends?
See GDV dividend history and benchmarksValuation
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
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
- Name: The Gabelli Dividend & Income Trust
- Ticker: GDV
- Exchange: NYSE
- Founded: 2003
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$2.337b
- Shares outstanding: 90.41m
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 23:42 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.