Gabelli Equity Trust's Series G Preferred Stock Crosses Above 5% Yield Territory
September 18, 2019 at 14:43 PM EDT
In trading on Wednesday, shares of Gabelli Equity Trust's Series G Cumulative Preferred Stock (GAB. RG) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $24.92 on the day.