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Gabelli Global Utility & Income Trust Resets Dividend Rate to 4.00% for Its Series B Cumulative Puttable and Callable Preferred Shares

Published November 18, 2019 01:20 PM EST on BusinessWire

The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE MKT:GLU) (the “Fund”) reset the annual dividend rate to 4.00% or $2.00 per share for the Series B Preferred Shares, effective for the eight dividend periods after the dividend period ending December 26, 2019, pursuant to the provisions of its Statement of Preferences.... Read more