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Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Forward Dividend Yield % : 8.53% (As of Apr. 27, 2024)


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What is Gabelli Global Utility &ome Trust Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Gabelli Global Utility &ome Trust is 8.53%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Gabelli Global Utility &ome Trust is 8.53%.

GLU's Forward Dividend Yield % is ranked better than
68.46% of 1205 companies
in the Asset Management industry
Industry Median: 5.91 vs GLU: 8.53

Gabelli Global Utility &ome Trust's Dividends per Share for the six months ended in Dec. 2023 was $0.60.

During the past 10 years, the average Dividends Per Share Growth Rate was 0.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gabelli Global Utility &ome Trust was 24.40% per year. The lowest was -2.90% per year. And the median was 2.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Gabelli Global Utility &ome Trust's Forward Dividend Yield %

For the Asset Management subindustry, Gabelli Global Utility &ome Trust's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gabelli Global Utility &ome Trust's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Global Utility &ome Trust's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Gabelli Global Utility &ome Trust's Forward Dividend Yield % falls into.



Gabelli Global Utility &ome Trust Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Gabelli Global Utility &ome Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1002024-04-152024-04-162024-04-23Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002024-03-132024-03-142024-03-21Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002024-02-132024-02-142024-02-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002024-01-162024-01-172024-01-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-12-142023-12-152023-12-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-11-142023-11-152023-11-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-10-162023-10-172023-10-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-09-142023-09-152023-09-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-08-162023-08-172023-08-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-07-142023-07-172023-07-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-06-142023-06-152023-06-23Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-05-152023-05-162023-05-23Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Gabelli Global Utility &ome Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.2/14.07
=8.53 %

Current Share Price is $14.07.
Gabelli Global Utility &ome Trust's Dividends per Share for the forward twelve months is calculated as $0.1 * 12 = $1.2.

Gabelli Global Utility &ome Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.2/14.07
=8.53 %

Current Share Price is $14.07.
Gabelli Global Utility &ome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.2.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gabelli Global Utility &ome Trust  (AMEX:GLU) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Gabelli Global Utility &ome Trust Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Gabelli Global Utility &ome Trust's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Global Utility & Income Trust is a non-diversified, closed-end management investment company. The Fund's objective is to seek a consistent level of after-tax total return. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.
Executives
Mario J Gabelli officer: Chairman and CIO 191 MASON STREET, GREENWICH CT 06830
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Urso Mario D director 65 EATON SQUARE, LONDON SW UK X0 041101225
Anthony J Colavita director ONE CORPORATE CENTER, RYE NY 10580
Salvatore M Salibello director ONE CORPORATE CENTER, RYE NY 10580
James E Mckee officer: Secretary C/O GABELLI ASSET MANAGEMENT INC, ONE CORPORATE CENTER, RYE NY 16580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Karl Otto Pohl director ONE CORPORATE CENTER, RYE NY 10580

Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Headlines