Gabelli Global Utility Common Shares of Beneficial Ownership (GLU) to Issue Monthly Dividend of $0.10

Gabelli Global Utility Common Shares of Beneficial Ownership (NYSE:GLU) declared a monthly dividend on Wednesday, February 18th, Market Beat reports. Investors of record on Tuesday, June 16th will be given a dividend of 0.10 per share on Tuesday, June 23rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.32%. The ex-dividend date of this dividend is Friday, June 12th.

Gabelli Global Utility Common Shares of Beneficial Ownership (NYSE:GLU) opened at 18.9785 on Friday. Gabelli Global Utility Common Shares of Beneficial Ownership has a 1-year low of $17.3800 and a 1-year high of $21.1400. The stock’s 50-day moving average is $19.24 and its 200-day moving average is $19.16. The company has a market cap of $78.02 million and a P/E ratio of 14.3342.