GGT - The Gabelli Multimedia Trust Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
8.16
-0.01 (-0.12%)
At close: 4:02PM EST
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Previous Close8.17
Open8.21
Bid8.16 x 1000
Ask8.18 x 1000
Day's Range8.17 - 8.23
52 Week Range6.90 - 8.81
Volume69,859
Avg. Volume49,476
Market Cap202M
Beta (3Y Monthly)1.30
PE Ratio (TTM)N/A
EPS (TTM)-0.07
Earnings DateN/A
Forward Dividend & Yield0.88 (10.73%)
Ex-Dividend Date2019-12-12
1y Target EstN/A
  • Business Wire

    Gabelli Multimedia Trust to Redeem Its Outstanding 6.00% Series B Cumulative Preferred Stock

    The Board of Directors of The Gabelli Multimedia Trust Inc. (GGT) (the “Fund”) authorized the redemption of all remaining outstanding shares of 6.00% Series B Cumulative Preferred Stock (the “Series B Preferred”). The redemption date is December 26, 2019 (the “Redemption Date”), and the redemption price is $25.00 per Series B Preferred, which is equal to the liquidation preference of $25.00 per Series B Preferred. Series B Preferred shareholders of record on December 18, 2019 will receive the quarterly distribution of $0.375 per Series B Preferred on the payable date of December 26, 2019.

  • Business Wire

    Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares Fourth Quarter Distribution of $0.22 Per Share

    The Board of Directors of The Gabelli Multimedia Trust Inc. (GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on December 20, 2019 to common stock shareholders of record on December 13, 2019. With this fourth quarter distribution, the total distributions from the Fund for 2019 would equate to $0.88 per share. Additionally, the Board of Directors continues to evaluate potential strategic opportunities for the Fund in what we believe to be an attractive environment to invest in the broader multimedia industry.

  • Business Wire

    Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares Second Quarter Distribution of $0.22 Per Share

    The Board of Directors of The Gabelli Multimedia Trust Inc. (GGT) (the “Fund”) reaffirmed its 10% distribution policy and declared a $0.22 per share cash distribution payable on June 21, 2019 to common stock shareholders of record on June 14, 2019. The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Directors. Under the Fund’s current distribution policy, the Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies.

  • Moody's

    Gabelli Multimedia Trust Inc.  -- Moody's announces completion of a periodic review of ratings of Gabelli Multimedia Trust Inc.

    Announcement: Moody's announces completion of a periodic review of ratings of Gabelli Multimedia Trust Inc. New York, February 22, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Gabelli Multimedia Trust Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Business Wire

    Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares First Quarter Distribution of $0.22 Per Share

    The Board of Directors of The Gabelli Multimedia Trust Inc. (GGT) (the “Fund”) reaffirmed its 10% distribution policy and declared a $0.22 per share cash distribution payable on March 22, 2019 to common stock shareholders of record on March 15, 2019. The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Directors. Under the Fund’s current distribution policy, the Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies.