Gabelli Dividend & Income Trust Dividend
Dividend criteria checks 6/6
Gabelli Dividend & Income Trust is a dividend paying company with a current yield of 5.94% that is well covered by earnings. Next payment date is on 23rd May, 2024 with an ex-dividend date of 15th May, 2024.
Key information
5.9%
Dividend yield
47%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 23 May 24 |
| Ex dividend date | 15 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.82 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
GDV: Same Old, Continue To Avoid
Feb 01GDV: Less Financial Risk Than Meets The Eye
Nov 07GDV: Lagging Performance And Questionable Distribution
Oct 30GDV: A Seasoned Team But Not The Right Season To Buy
Jul 31GDV: Better Opportunities Elsewhere
Feb 12Gabelli Dividend & Income Trust goes ex dividend tomorrow
Jan 12Gabelli Dividend & Income Trust declares $0.11 dividend & $0.09 additional distribution is paid
Dec 20Gabelli Dividend & Income Trust: An Index ETF May Be Better
Oct 10Gabelli Dividend & Income Trust declares $0.11 dividend
Aug 18Gabelli Dividend & Income Trust: 5.12% Distribution Yield, Steady Monthly Pay
Dec 01Evaluating CEFs: GDV Improved Distribution Coverage, Lower Yield Than GAB
May 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
| Gabelli Dividend & Income Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GDV) | 5.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (GDV) | n/a |
Notable Dividend: GDV's dividend (5.94%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: GDV's dividend (5.94%) is in the top 25% of dividend payers in the US market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.9%), GDV's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.5%), GDV's dividend payments are covered by cash flows.