
Gabelli Multimedia Trust Inc. (NYSE:GGT) Declares $0.07 Monthly Dividend

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Gabelli Multimedia Trust Inc. (NYSE:GGT) has declared a monthly dividend of $0.07 per share, payable on May 21st to stockholders of record on May 14th. This results in an annualized yield of 19.6%. The ex-dividend date is also May 14th. GGT shares opened at $4.30, with a 12-month range of $3.75 to $4.94. The trust focuses on long-term capital appreciation through investments in multimedia and communications sectors, managed by Gabelli Funds, LLC since its IPO in 1987.
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