Gabelli Global Small and Mid Cap Value Trust Declares Fourth Quarter Distribution of $0.16 per Share
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The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) has announced a fourth quarter cash distribution of $0.16 per share, payable on December 20, 2024, to shareholders of record as of December 13, 2024.
November 14, 2024 | 2:15 pm
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The Gabelli Global Small and Mid Cap Value Trust has declared a $0.16 per share distribution for the fourth quarter, which may attract income-focused investors.
The announcement of a cash distribution is generally positive for shareholders as it provides a return on investment. This may lead to increased interest from income-focused investors, potentially driving the stock price up in the short term.
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