DIVIDEND ANNOUNCEMENT: Gabelli Multimedia Trust Inc (NYSE:GGT) on 11/15/2019 declared a dividend of $0.2200 per share

Gabelli Multimedia Trust Inc (NYSE:GGT) on 11/15/2019 declared a dividend of $ 0.2200 per share payable on December 20, 2019 to shareholders of record as of December 13, 2019.

Gabelli Multimedia Trust Inc (NYSE:GGT) has paid dividends since 1994, has a current dividend yield of 10.7975463867% and has increased its dividends for 2 successive years.

Gabelli Multimedia Trust Inc's market cap is $ 116,422,750 and has a PE ratio of 271.67. The stock price closed yesterday at $ 8.15 and has a 52 week low/high of $ 6.90 and $ 9.00.

Gabelli Global Multimedia Trust is a closed-end, non-diversified management investment company. The Trust's primary objective is long-term growth of capital with income as a secondary objective. The Trust will invest at least 80% of its assets, under normal market conditions, in common stock and other securities, including convertible securities, preferred stock, options, and warrants of companies in the telecommunications, media, publishing, and entertainment industries. As of Dec 31 2016, the Trust's total assets were $233,306,111 and the Trust's investment portfolio was valued at $232,985,011.

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