Gabelli Equity Trust Inc (GAB) has declared a quarterly dividend of $0.15 per share, payable to shareholders of record. The ex-dividend date is set for December 11, 2025, meaning investors must own shares before this date to qualify for the dividend payment. Eligible shareholders will receive the payment on December 18, 2025.
With a current dividend yield of 10.10%, the announcement highlights the company's commitment to providing regular income to its investors. Gabelli Equity Trust Inc, a diversified closed-end management investment company based in Rye, New York, primarily seeks long-term capital growth by investing at least 80% of its total assets in equity securities. Its secondary objective focuses on income generation.
The fund's investment strategy targets undervalued companies across various sectors, including financial services, healthcare, and consumer services, among others. As of November 20, 2025, Gabelli Equity Trust Inc boasts a market capitalization of $1.5 billion and a price-to-earnings ratio of 4.86, with earnings per share at 1.05.
Such decisions reflect the company's ongoing pattern of regular dividend payments, which can be appealing to income-focused investors. However, it is essential to note that dividends are not guaranteed and may be adjusted based on the company's financial performance and management decisions. Investors should consider the company's dividend history and overall financial health when assessing the sustainability of these payments.