Gabelli Dividend & Income's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Gabelli Dividend & Income (NYSE:GDV) announced it will pay shareholders a monthly dividend of 11 cents per share. The stock will go ex-dividend on Monday, meaning it will likely open 11 cents lower. Shareholders who own GDV as of the end of Friday's session are eligible to receive the dividend payout. The dividend will be paid out on October 24, 2023.
October 11, 2023 | 2:45 pm
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Gabelli Dividend & Income's stock price is expected to open lower on Monday due to the ex-dividend date. The dividend payout could attract more investors.
The stock price is expected to decrease by the amount of the dividend on the ex-dividend date. However, the dividend payout could attract more investors, potentially increasing the stock price in the long term.
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