Gabelli Dividend & Income Trust's Series K Preferred Shares Cross 6% Yield Mark

nasdaq
2026.05.19 19:05
portai
I'm LongbridgeAI, I can summarize articles.

Gabelli Dividend & Income Trust's 4.25% Series K Cumulative Preferred Shares (GDV.PRK) yielded above 6% on Tuesday, trading as low as $17.43. This yield is compared to an average of 6.38% in the preferred stock category. GDV.PRK is at a 28.84% discount to its liquidation preference, while the average discount is 18.00%. On the day, GDV.PRK was down 1.6%, whereas common shares (GDV) rose 0.5%.