--- title: "Gabelli Multimedia Trust Inc. (NYSE:GGT) Increases Dividend to $0.08 Per Share" type: "News" locale: "en" url: "https://longbridge.com/en/news/275769871.md" description: "Gabelli Multimedia Trust Inc. (NYSE:GGT) has announced an increase in its monthly dividend to $0.08 per share, up 14.3% from the previous $0.07. Shareholders of record on June 15 will receive the dividend on June 23, resulting in an annualized yield of 22.4%. The ex-dividend date is also June 15. GGT stock opened at $4.30, with a 1-year low of $3.75 and a high of $4.94. The trust focuses on long-term capital appreciation through investments in multimedia and communications sectors." datetime: "2026-02-12T14:16:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275769871.md) - [en](https://longbridge.com/en/news/275769871.md) - [zh-HK](https://longbridge.com/zh-HK/news/275769871.md) --- # Gabelli Multimedia Trust Inc. (NYSE:GGT) Increases Dividend to $0.08 Per Share **Gabelli Multimedia Trust Inc.** (NYSE:GGT - Get Free Report) declared a monthly dividend on Wednesday, February 11th. Investors of record on Monday, June 15th will be paid a dividend of 0.08 per share by the financial services provider on Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 22.4%. The ex-dividend date is Monday, June 15th. This is a 14.3% increase from Gabelli Multimedia Trust's previous monthly dividend of $0.07. ## Gabelli Multimedia Trust Price Performance GGT stock opened at $4.30 on Thursday. Gabelli Multimedia Trust has a 1 year low of $3.75 and a 1 year high of $4.94. The firm has a 50-day moving average of $4.19 and a 200 day moving average of $4.17. ## Gabelli Multimedia Trust Company Profile (Get Free Report) Gabelli Multimedia Trust Inc NYSE: GGT is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in the common stocks of companies engaged in the multimedia and communications sectors. The trust's portfolio is concentrated in industries such as cable and satellite television, wireless and wireline telecommunications, radio and broadcasting, print and digital publishing, and internet services. Through selective security selection, Gabelli Multimedia Trust aims to capture growth opportunities driven by evolving content delivery platforms and technological innovation. Since its initial public offering in December 1987, the trust has been managed by Gabelli Funds, LLC, an affiliate of GAMCO Investors, Inc, under the direction of veteran investors led by Mario J. ## See Also - Five stocks we like better than Gabelli Multimedia Trust - Is THIS the Next Big Money Rush? - Wall Street Legend Names #1 Stock of 2026 Live On-Camera - Washington knows what's coming. Do you? - ISPC: From Small Cap to Life Sciences Market Disruptor! - NEW LAW: Congress Approves Setup For Digital Dollar? _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Gabelli Multimedia Trust Right Now? Before you consider Gabelli Multimedia Trust, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gabelli Multimedia Trust wasn't on the list. While Gabelli Multimedia Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [IXP.US](https://longbridge.com/en/quote/IXP.US.md) - [GGT-G.US](https://longbridge.com/en/quote/GGT-G.US.md) - [GGT-E.US](https://longbridge.com/en/quote/GGT-E.US.md) - [VOX.US](https://longbridge.com/en/quote/VOX.US.md) - [XLC.US](https://longbridge.com/en/quote/XLC.US.md) - [GGT.US](https://longbridge.com/en/quote/GGT.US.md) ## Related News & Research - [Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions | GGT Stock News](https://longbridge.com/en/news/286290715.md) - [New York Life Investment Management LLC Purchases Shares of 12,467 Roku, Inc. $ROKU](https://longbridge.com/en/news/287032616.md) - [Recent Report Shows That Rep. Tim Moore Bought Up to $80K Worth of AT&T Stock](https://longbridge.com/en/news/287089604.md) - [Elyxium Wealth LLC Invests $2.75 Billion in Ciena Corporation $CIEN](https://longbridge.com/en/news/286734509.md) - [Datanomics: Vi's market share down 60%, subscriber base halves since merger](https://longbridge.com/en/news/286772442.md)