Gabelli Healthcare & WellnessRx Trust Declares Fourth Quarter Distribution of $0.15 Per Share
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The Gabelli Healthcare & WellnessRx Trust (NYSE: GRX) has announced a fourth-quarter cash distribution of $0.15 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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Gabelli Healthcare & WellnessRx Trust has declared a $0.15 per share distribution for the fourth quarter, indicating a steady income stream for investors.
The announcement of a dividend distribution is generally positive for shareholders as it reflects the company's ability to return profits to investors. This can lead to a short-term increase in stock price as investors may be attracted to the dividend yield.
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