The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) to Issue Quarterly Dividend of $0.16

The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) announced a quarterly dividend on Thursday, November 14th,Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.16 per share on Friday, December 20th. This represents a $0.64 dividend on an annualized basis and a yield of 5.14%. The ex-dividend date is Friday, December 13th.

The Gabelli Global Small and Mid Cap Value Trust Price Performance

Shares of NYSE GGZ traded down $0.08 during mid-day trading on Friday, reaching $12.44. The company had a trading volume of 16,945 shares, compared to its average volume of 12,623. The stock has a fifty day moving average of $12.26 and a two-hundred day moving average of $11.87. The Gabelli Global Small and Mid Cap Value Trust has a 12-month low of $10.53 and a 12-month high of $12.91.

About The Gabelli Global Small and Mid Cap Value Trust

The Gabelli Global Small and Mid Cap Value Trust 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 across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors.