|
Featured MNV Articles:
| Gabelli Equity Trust's Series K Preferred Stock Shares Cross 5.5% Yield MarkBy Preferred Stock Channel Staff, Tuesday, May 30, 2:06 PM ET
In trading on Tuesday, shares of Gabelli Equity Trust's 5.00% Series K Cumulative Preferred Stock (NYSE:GAB.PRK) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $22.65 on the day. This compares to an average yield of 5.61% in the "ETFs & CEFs" preferred stock category, according to Preferred Stock Channel. As of last close, GAB.PRK was trading at a 8.80% discount to its liquidation preference amount, versus the average discount of 9.61% in the "ETFs & CEFs" category. The chart below shows the one year performance of GAB.PRK shares, versus GAB:
Below is a dividend history chart for GAB.PRK, showing historical dividend payments on Gabelli Equity Trust's 5.00% Series K Cumulative Preferred Stock:
Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter In Tuesday trading, Gabelli Equity Trust's 5.00% Series K Cumulative Preferred Stock (NYSE:GAB.PRK) is currently off about 0.2% on the day, while the common shares (NYSE:GAB) are trading flat.
This Article's Word Cloud:
Arial
Below
CEFs
Channel
Cumulative
Dividend
ETFs
Equity
Gabelli
Juicy
More
NYSE
Newsletter
Offer
Preferred
Premium
Receive
Series
Special
Start
Stock
Stocks
This
Trust
Tuesday
Where
Yields
about
above
according
afterLeftLabels
afternoon
amount
annualized
average
axisColor
background
based
beforeLeftLabels
below
category
chart
discount
dividend
escape
fillColor
shares
trading
versus
with
|