Looking at the universe of stocks we cover at Dividend Channel, on 3/13/14, Gabelli Multimedia Trust (GGT) will trade ex-dividend, for its quarterly dividend of $0.22, payable on 3/24/14. As a percentage of GGT's recent stock price of $11.30, this dividend works out to approximately 1.95%, so look for shares of Gabelli Multimedia Trust to trade 1.95% lower — all else being equal — when GGT shares open for trading on 3/13/14.
Below is a dividend history chart for GGT, showing historical dividends prior to the most recent $0.22 declared by Gabelli Multimedia Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GGT is likely to continue, and whether the current estimated yield of 7.79% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GGT shares, versus its 200 day moving average:Looking at the chart above, GGT's low point in its 52 week range is $8.40 per share, with $12.56 as the 52 week high point — that compares with a last trade of $11.30.
In Tuesday trading, Gabelli Multimedia Trust shares are currently off about 0.1% on the day.