The GDL Fund (GDL) To Go Ex-Dividend on December 13th

The GDL Fund (NYSE:GDL) announced a quarterly dividend on Thursday, November 14th,Wall Street Journal reports. Investors of record on Friday, December 13th will be given a dividend of 0.12 per share by the investment management company on Friday, December 20th. This represents a $0.48 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date is Friday, December 13th.

The GDL Fund Price Performance

Shares of NYSE GDL opened at $8.13 on Friday. The company has a 50-day moving average of $8.13 and a two-hundred day moving average of $8.00. The GDL Fund has a 1-year low of $7.72 and a 1-year high of $8.29.

The GDL Fund Company Profile

The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts.