The Gabelli Multimedia Trust Inc. (GGT)
| Previous close | 4.9000 |
| Open | 4.8800 |
| Bid | 0.0000 x 800 |
| Ask | 0.0000 x 1000 |
| Day's range | 4.8900 - 4.9300 |
| 52-week range | 4.3200 - 6.2500 |
| Volume | |
| Avg. volume | 97,576 |
| Market cap | 138.493M |
| Beta (5Y monthly) | 1.24 |
| PE ratio (TTM) | 21.30 |
| EPS (TTM) | 0.2300 |
| Earnings date | N/A |
| Forward dividend & yield | 0.88 (17.96%) |
| Ex-dividend date | 16 Sept 2024 |
| 1y target est | N/A |
GuruFocus.comSIT Investment Associates Inc's Strategic Acquisition in Gabelli Multimedia Trust Inc
On July 26, 2024, SIT Investment Associates Inc made a significant addition to its portfolio by acquiring 1,982,368 shares of Gabelli Multimedia Trust Inc (NYSE:GGT). The trade had a 0.22% impact on the firm's portfolio, increasing its total holdings in GGT to the same number of shares, which now constitute 0.23% of its portfolio and 5.98% of GGT's outstanding shares. The firm's portfolio is heavily skewed towards the financial services and technology sectors, reflecting a strategic focus on high-growth areas.
GlobeNewswireGabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.22 Per Share
RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on September 23, 2024 to common stock shareholders of record on September 16, 2024. We note that the minimum annual distribution of 10% of the average net asset value of the Fund is based on the ending net asset values per share as of December 31, 2023, March 3
- GlobeNewswire
Gabelli Multimedia Trust Rights Offering Concludes Raising $24 Million
RYE, N.Y., July 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) announces the completion of its transferable rights offering (the “Offering” or “Offer”). Preliminary results indicate that the Fund will issue approximately 4.8 million shares of common stock, resulting in gross proceeds to the Fund of approximately $24 million (including over-subscription requests and notices of guaranteed delivery). Pursuant to the Offer, the Fund i
