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Gabelli Equity Trust Inc (The) Stock Dividends Overview

GAB pays dividends quarterly. Last paid amount was $0.150 at Mar 21, 2024. As of today, dividend yield (TTM) is 11.12%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 11.12%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.150
Gabelli Equity Trust Inc (The) has not yet announced its next dividend date. Last payment date was: Mar 21, 2024.

GAB Dividend Payout History

To ensure a understanding of GAB's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 13, 2024 Mar 13, 2024 Mar 21, 2024 $0.150 2.73%
2 Nov 16, 2023 Dec 14, 2023 Dec 22, 2023 $0.150 2.92%
3 Aug 25, 2023 Sep 14, 2023 Sep 22, 2023 $0.150 2.84%
4 May 18, 2023 Jun 14, 2023 Jun 23, 2023 $0.150 2.63%
5 Feb 17, 2023 Mar 16, 2023 Dec 14, 2018 $0.150 2.73%
6 Nov 11, 2022 Dec 08, 2022 Dec 16, 2022 $0.150 2.65%
7 Aug 18, 2022 Sep 15, 2022 Sep 23, 2022 $0.150 2.57%
8 May 17, 2022 Jun 14, 2022 Jun 23, 2022 $0.150 2.48%
9 Feb 10, 2022 Mar 16, 2022 Mar 24, 2022 $0.150 2.12%
10 Nov 12, 2021 Dec 09, 2021 Dec 17, 2021 $0.180 2.52%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (98.04%)

Growth potential

Decrease likely (39.69%)

GAB Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from GAB dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GAB stock here.

Comparing GAB to Sector and Country

GAB pays a solid dividend yield of 11.12%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). GAB’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.06%).

FAQ

What factors can affect the amount of GAB's dividend payments?
The amount of GAB's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GAB sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GAB stock be automatically reinvested?
If GAB offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GAB stock.

How often does GAB pay dividend?
Gabelli Equity Trust Inc (The) (GAB) pays dividends quarterly. The most recent payout was on Mar 21, 2024.

How much does GAB pays per share?
The last recorder (Mar 13, 2024) dividend per share was $0.150.

What is GAB dividend growth rate?
Over the last year, Gabelli Equity Trust Inc (The) has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Gabelli Equity Trust Inc (The) has maintained an average Dividends Per Share Growth Rate of 0%.
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About Gabelli Equity Trust Inc (The)

The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across mar... GAB Profile

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