The Gabelli Healthcare & Wellness Trust (GRX) To Go Ex-Dividend on December 13th

The Gabelli Healthcare & Wellness Trust (NYSE:GRX) announced a quarterly dividend on Thursday, November 14th,Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.15 per share by the investment management company on Friday, December 20th. This represents a $0.60 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date of this dividend is Friday, December 13th.

The Gabelli Healthcare & Wellness Trust has raised its dividend payment by an average of 1.1% annually over the last three years.

The Gabelli Healthcare & Wellness Trust Trading Down 2.0 %

Shares of GRX opened at $10.10 on Friday. The Gabelli Healthcare & Wellness Trust has a fifty-two week low of $8.43 and a fifty-two week high of $11.24. The stock has a fifty day moving average of $10.76 and a two-hundred day moving average of $10.27.

Insider Buying and Selling

In other The Gabelli Healthcare & Wellness Trust news, major shareholder Saba Capital Management, L.P. purchased 11,345 shares of The Gabelli Healthcare & Wellness Trust stock in a transaction on Thursday, September 26th. The shares were purchased at an average cost of $11.12 per share, with a total value of $126,156.40. Following the completion of the transaction, the insider now directly owns 1,845,703 shares in the company, valued at approximately $20,524,217.36. This represents a 0.62 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders have acquired 41,256 shares of company stock worth $443,076.

About The Gabelli Healthcare & Wellness Trust

The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector.