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Gabelli Multi-Media Trust Inc (The) Stock Dividends Overview

GGT pays dividends quarterly. Last paid amount was $0.220 at Mar 21, 2024. As of today, dividend yield (TTM) is 14.14%.

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) 14.14%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.220
Gabelli Multi-Media Trust Inc (The) has not yet announced its next dividend date. Last payment date was: Mar 21, 2024.

GGT Dividend Payout History

To ensure a understanding of GGT'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 $0.220 3.73%
2 Nov 16, 2023 Dec 14, 2023 Dec 22, 2023 $0.220 3.72%
3 Aug 25, 2023 Sep 14, 2023 Sep 22, 2023 $0.220 3.45%
4 May 18, 2023 Jun 14, 2023 Jun 23, 2023 $0.220 3.24%
5 Feb 17, 2023 Mar 16, 2023 Dec 14, 2018 $0.220 2.73%
6 Nov 11, 2022 Dec 08, 2022 Dec 16, 2022 $0.220 3.74%
7 Aug 22, 2022 Sep 15, 2022 Sep 23, 2022 $0.220 3.51%
8 May 17, 2022 Jun 14, 2022 Jun 23, 2022 $0.220 3.08%
9 Feb 11, 2022 Mar 16, 2022 Mar 24, 2022 $0.220 2.39%
10 Nov 16, 2021 Dec 09, 2021 Dec 17, 2021 $0.220 2.53%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (50.00%)

Growth potential

No dividend expected

GGT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from GGT 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 GGT stock here.

Comparing GGT to Sector and Country

GGT pays a solid dividend yield of 14.14%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). GGT’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.11%).

GGT Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
GGT
Gabelli Multi-Media Trust Inc (The) 152.16M $0.220 14.14% -
SCM
Stellus Capital Investment Corporation 342.584M $0.133 11.90% 202.63%

FAQ

What factors can affect the amount of GGT's dividend payments?
The amount of GGT'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 GGT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GGT stock be automatically reinvested?
If GGT 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 GGT stock.

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

How much does GGT pays per share?
The last recorder (Mar 13, 2024) dividend per share was $0.220.

What is GGT dividend growth rate?
Over the last year, Gabelli Multi-Media 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 Multi-Media Trust Inc (The) has maintained an average Dividends Per Share Growth Rate of 0%.
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About Gabelli Multi-Media Trust Inc (The)

The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It invests in stocks, convertible securities, preferred stock, options, and warrants of companies operating across global telecommunications, media, publishing, and entertainment industries. The fund also invests in companies participating in em... GGT Profile

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