Gabelli Multimedia Trust's 5.125% Series E Cumulative Preferred Shares About To Put More Money In Your Pocket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2025
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Source: NASDAQ.COM
Dividend Information: Gabelli Multimedia Trust's 5.125% Series E Cumulative Preferred Shares (GGT.PRE) recently announced a dividend of $0.3203, with the shares experiencing a slight increase of about 0.2% in trading on Monday.
Common Shares Performance: The common shares of Gabelli Multimedia Trust (GGT) saw a more significant rise of approximately 2.6% during the same trading session.
Analyst Views on GGT
About GGT
The Gabelli Multimedia Trust Inc. (the Fund) is a United States-based non-diversified closed-end management investment company. The Fund's investment objective is long term growth of capital. The Fund will invest at least 80% of its assets, under normal market conditions, in common stock and other securities, including convertible securities, preferred stock, options, and warrants of companies in the telecommunications, media, publishing and entertainment industries. The Fund also invests in various industries, including cable, the United States Government obligations, computer software and services, broadcasting, hotels and gaming, wireless communications, satellite, electronics, publishing, consumer services, financial services, computer hardware, equipment, business services, retail, diversified industrial, consumer products, food and beverage, information technology, telecommunications, and real estate. The Fund's investment advisor is Gabelli Funds, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
