Reminder: Gabelli Equity Trust's Series G Preferred Stock Goes Ex-Dividend Soon

nasdaq
2026.03.17 17:40
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On March 19, 2026, Gabelli Equity Trust's Series G Cumulative Preferred Stock (GAB.PRG) will trade ex-dividend for a quarterly dividend of $0.3125, payable on March 26, 2026. This dividend represents approximately 1.50% of the recent share price of $20.83, indicating shares may open 1.50% lower. The annualized yield is about 6.03%, compared to the average yield of 6.79% in the preferred stock category. Currently, GAB.PRG is up 0.4% in trading, while common shares remain flat.