Gabelli Global Utility & Income Trust Adds June 26, 2025 as Put Date for Series B Preferred Shares
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Gabelli Global Utility & Income Trust has announced June 26, 2025, as an additional put date for its Series B Preferred Shares, which have an annual dividend rate of 5.20%.
November 18, 2024 | 5:30 pm
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Gabelli Global Utility & Income Trust has set June 26, 2025, as an additional put date for its Series B Preferred Shares, offering a 5.20% annual dividend rate.
The announcement of a new put date for the Series B Preferred Shares provides investors with additional flexibility and could stabilize the share price. However, it does not directly impact the common stock price in the short term.
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