Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.11 per Share | GLU Stock News

StockTitan
2026.02.11 13:34
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The Gabelli Global Utility & Income Trust (NYSE American: GLU) has declared monthly cash distributions of $0.11 per share for April, May, and June 2026, reaffirming an annualized distribution of $1.32 per share. The Board of Trustees will review distribution levels quarterly, considering the Fund's net asset value and market conditions. Distributions may include long-term capital gains or qualified dividend income, with potential tax implications for shareholders. The Fund aims for consistent after-tax total returns, focusing on tax-advantaged dividend income.