Gabelli Equity Trust 6%/5% Cumulative Preferred Stock

By: ,

Reducing Rate Security


S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   GAB-G


Market Traded ON   NYSE

Dividend Payment Paid on the 26th of March, June, September and December beginning on 09/26/2012

Rate is 5% until the 2nd year when the rate reduces to 5%. Security has now entered its 2nd year so rate is 5%.

Quarterly Dividend   .3125   Annual Dividend   1.250


Securities may be redeemed, at the issuers option, as early as 08/01/2017 for a redemption price of $25/share plus accrued dividends

Dividend Payment Likely Will be a Qualified Distributions

Maturity Date   None


Company Investor Relations Page for Gabelli Equity Trust


Below you can find the offering Prospectus and Final Pricing Document

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Tim McPartland

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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