Gabelli Multimedia Trust Dividend
Dividend criteria checks 2/6
Gabelli Multimedia Trust is a dividend paying company with a current yield of 16.24%.
Key information
16.2%
Dividend yield
130%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.68 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Equity CEFs: Blatant Disregard Of Reality In GGT
Dec 07Equity CEFs: What Kind Of Madness Is This? Sell GGT, Buy NBXG
Jun 26Gabelli Multi-Media declares $0.22 dividend
Feb 17Gabelli Multimedia Trust declares $0.22 dividend
Nov 11Equity CEFs: Why MCN Should Be The Fund At A 69% Premium
Oct 07Gabelli Multi-Media declares $0.22 dividend
Nov 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GGT's dividend payments have been volatile in the past 10 years.
Growing Dividend: GGT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Gabelli Multimedia Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GGT) | 16.2% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (GGT) | n/a |
Notable Dividend: GGT's dividend (16.24%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: GGT's dividend (16.24%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (130.2%), GGT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate GGT's cash payout ratio to determine if its dividend payments are covered by cash flows.