Gabelli Equity Trust's Series K Preferred Stock Shares Cross 5.5% Yield Mark
May 30, 2023 at 14:06 PM EDT
In trading on Tuesday, shares of Gabelli Equity Trust's 5.00% Series K Cumulative Preferred Stock (GAB. RK) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $22.65 on the day.
