Ex-Div Reminder For Gabelli Healthcare & Wellness Trust (GRX)

Looking at the universe of stocks we cover at Dividend Channel, on 9/12/14, Gabelli Healthcare & Wellness Trust ( GRX) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 9/23/14. As a percentage of GRX's recent stock price of $10.25, this dividend works out to approximately 1.17%, so look for shares of Gabelli Healthcare & Wellness Trust to trade 1.17% lower — all else being equal — when GRX shares open for trading on 9/12/14.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for GRX, showing historical dividends prior to the most recent $0.12 declared by Gabelli Healthcare & Wellness Trust:

GRX+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GRX is likely to continue, and whether the current estimated yield of 4.68% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GRX shares, versus its 200 day moving average:

Gabelli Healthcare & Wellness Trust 200 Day Moving Average Chart

Looking at the chart above, GRX's low point in its 52 week range is $9.56 per share, with $10.92 as the 52 week high point — that compares with a last trade of $10.25.

In Wednesday trading, Gabelli Healthcare & Wellness Trust shares are currently off about 0.1% on the day.

If you liked this article you might like

12 Best Biotech and Health Care ETFs to Add to Your Portfolio

Gabelli Healthcare & Wellness's Series A Preferred Shares Cross 5.5% Yield Mark

GRX Ex-Dividend Reminder - 12/10/14

Naughty and Nice Funds, From Best to Worst

Naughty and Nice Funds, From Best to Worst

Checking Up on Biotech

Checking Up on Biotech