The Gabelli Equity Trust Inc. (GAB)

NYSE: GAB · IEX Real-Time Price · USD
5.29
0.00 (-0.09%)
May 1, 2024, 10:14 AM EDT - Market closed
-0.09%
Market Value 1.54B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 291.80M
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend $0.60 (11.35%)
Ex-Dividend Date Mar 13, 2024
Volume 52,043
Open 5.30
Previous Close 5.29
Day's Range 5.29 - 5.31
52-Week Range 4.56 - 5.88
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About GAB

The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to crea... [Read more]

Sector Financials
Founded 1986
Country United States
Stock Exchange NYSE
Ticker Symbol GAB
Full Company Profile

News

Gabelli Equity Trust 10% Distribution Policy Reaffirmed And Declared First Quarter Distribution Of $0.15 Per Share

RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 p...

2 months ago - GlobeNewsWire

Gabelli Equity Trust Extends Expiration Date of Tender Offer to January 5, 2024 for Series C and Series E Auction Rate Preferred Stock

RYE, N.Y., Dec. 11, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE: GAB) (the “Fund”) has extended the expiration date of the tender offer (the “Offer”) for all...

5 months ago - GlobeNewsWire

Gabelli Equity Trust Commences Tender Offer for Series C and Series E Auction Rate Preferred Stock

RYE, N.Y., Nov. 22, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE: GAB) (the “Fund”) has authorized a tender offer (the “Offer”) for all of the Fund's outstand...

5 months ago - GlobeNewsWire

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 Per Share

RYE, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 p...

5 months ago - GlobeNewsWire

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.15 Per Share

RYE, N.Y., Aug. 25, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 p...

8 months ago - GlobeNewsWire

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share

RYE, N. Y., May 18, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 p...

1 year ago - GlobeNewsWire

3 Clicks To A 12% Dividend (With Big Upside This Year)

A recent Bloomberg story, for example, said we'd need $3 million saved to clock out comfortably!

Other symbols: PFLRA
1 year ago - Forbes

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.15 Per Share

RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash dis...

1 year ago - Business Wire

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 Per Share

RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash d...

1 year ago - Business Wire

This 3-Fund Portfolio Pays $5,000 Every Month

Thanks to the selloff, it's possible to buy closed-end funds (CEFs) at such high yields that we can do what seemed unthinkable just a few months ago.

Other symbols: ASGPFL
2 years ago - Forbes

Gabelli Equity Trust Announces Redemption of 5.45% Series J Cumulative Preferred Stock and Ongoing Closing of Private Placement of 4.25% Series M Cumulative Preferred Stock

RYE, NY--(BUSINESS WIRE)--The Board of Directors (the “Board”) of The Gabelli Equity Trust (NYSE: GAB) (the “Fund”) authorized the redemption of all of its 5.45% Series J Cumulative Preferred Stock (t...

2 years ago - Business Wire

Gabelli Equity Trust Announces Initial Closing of Private Placement of 4.25% Series M Cumulative Preferred Stock

RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of The Gabelli Equity Trust (NYSE:GAB) (the “Fund”) is pleased to announce the initial closing of a private placement of shares of 4.25% Series M Cum...

2 years ago - Business Wire

Gabelli Equity Trust Announces Redemption of 5.45% Series J Cumulative Preferred Stock

RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of The Gabelli Equity Trust (NYSE: GAB) (the “Fund”) authorized the redemption of all of its 5.45% Series J Cumulative Preferred Stock (the “Series J...

2 years ago - Business Wire

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.18 Per Share

RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.18 per share cash dis...

2 years ago - Business Wire

Gabelli Equity Trust Rights Offering Oversubscribed Raising $144 Million

RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) is pleased to announce the completion of its transferable rights offering (the “Offering” or...

3 years ago - Business Wire

Gabelli Equity Trust Announces Rights Offering for Shares of Common Stock Record Date and Summary of Terms

RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) has approved a transferable rights offering which would allow the Fund's record date common ...

3 years ago - Business Wire

Gabelli Equity Trust Appoints Additional Teammates as Portfolio Managers

RYE, N.Y.--(BUSINESS WIRE)--GAMCO Investors, Inc., (NYSE: GBL) announces the appointment of Ian Lapey, Joseph Gabelli, Gustavo Pifano, Sara Wojda, Ashish Sinha and Hendi Susanto to the investment team...

3 years ago - Business Wire

Revamp This Old-Fashioned Advice For 11% Dividends (Forever)

It's the most common rule in investing.

3 years ago - Forbes

How To Invest $100,000 For $940 Per Month In Passive Income

If you have $100,000 to invest, you can easily use it to unleash a dividend stream that pays you $940 a month.

3 years ago - Forbes

4 High-Yield Closed-End Funds To Buy For Yearly 9.5% Dividends

Most folks think retiring on $527K is a dream—but most folks haven’t heard of high-yield closed end funds (CEFs).

Other symbols: GBABNCZ
4 years ago - Forbes

The Secret To 7.8%+ Dividends In A 2% World

Is this rally justifiable? Is it still a good time to buy in?

Other symbols: ASG
4 years ago - Forbes