Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.10 Per Share
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The Gabelli Global Utility & Income Trust (GLU) has announced the continuation of its fixed monthly cash distributions, declaring $0.10 per share for October, November, and December 2024.
November 14, 2024 | 2:00 pm
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The Gabelli Global Utility & Income Trust has declared a continuation of its fixed monthly cash distributions at $0.10 per share for the last quarter of 2024.
The continuation of fixed monthly distributions is a positive signal for income-focused investors, indicating stability and reliability in the fund's income strategy. This could attract more investors seeking consistent income, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100