Gabelli Multimedia Trust Stock Price, News & Analysis (NYSE:GGT)

$9.50 +0.08 (+0.85 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$9.50
Today's Range$9.39 - $9.50
52-Week Range$7.82 - $9.93
Volume101,560 shs
Average Volume65,559 shs
Market Capitalization$228.72 million
P/E RatioN/A
Dividend Yield9.34%
Beta1.4

About Gabelli Multimedia Trust (NYSE:GGT)

The Gabelli Multimedia Trust Inc. (the Fund) is a United States-based non-diversified closed-end management investment company. The Fund's investment objective is long term growth of capital. The Fund will invest at least 80% of its assets, under normal market conditions, in common stock and other securities, including convertible securities, preferred stock, options, and warrants of companies in the telecommunications, media, publishing and entertainment industries. The Fund also invests in various industries, including cable, the United States Government obligations, computer software and services, broadcasting, hotels and gaming, wireless communications, satellite, electronics, publishing, consumer services, financial services, computer hardware, equipment, business services, retail, diversified industrial, consumer products, food and beverage, real estate investment trusts and real estate. The Fund's investment advisor is Gabelli Funds, LLC.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinance
SymbolNYSE:GGT
CUSIPN/A
WebN/A
PhoneN/A

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares24,280,000

Gabelli Multimedia Trust (NYSE:GGT) Frequently Asked Questions

What is Gabelli Multimedia Trust's stock symbol?

Gabelli Multimedia Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "GGT."

How often does Gabelli Multimedia Trust pay dividends? What is the dividend yield for Gabelli Multimedia Trust?

Gabelli Multimedia Trust declared a quarterly dividend on Monday, November 20th. Investors of record on Friday, December 8th will be paid a dividend of $0.22 per share on Friday, December 15th. This represents a $0.88 annualized dividend and a dividend yield of 9.26%. The ex-dividend date is Thursday, December 7th. View Gabelli Multimedia Trust's Dividend History.

Who are some of Gabelli Multimedia Trust's key competitors?

Who are Gabelli Multimedia Trust's key executives?

Gabelli Multimedia Trust's management team includes the folowing people:

  • Mario Joseph Gabelli, Chairman of the Board, Chief Investment Officer (Age 75)
  • Bruce N. Alpert CPA., President (Age 65)
  • Richard J. Walz, Chief Compliance Officer (Age 57)
  • Andrea R. Mango, Vice President, Secretary (Age 44)
  • Carter W. Austin, Vice President, Ombudsman (Age 50)
  • Laurissa M. Martire, Vice President (Age 40)
  • Agnes Mullady, Treasurer (Age 58)
  • Christopher J. Marangi, Associate Portfolio Manager, Director (Age 41)
  • James P. Conn, Lead Independent Director (Age 79)
  • Anthony J. Colavita Esq., Independent Director (Age 81)

Who owns Gabelli Multimedia Trust stock?

Gabelli Multimedia Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Ashford Capital Management Inc. (1.08%), Claraphi Advisory Network LLC (0.66%), Wells Fargo & Company MN (0.62%), LPL Financial LLC (0.61%), First Allied Advisory Services Inc. (0.61%) and Raymond James & Associates (0.19%). Company insiders that own Gabelli Multimedia Trust stock include Christopher J Marangi and Mario J Gabelli. View Institutional Ownership Trends for Gabelli Multimedia Trust.

Who sold Gabelli Multimedia Trust stock? Who is selling Gabelli Multimedia Trust stock?

Gabelli Multimedia Trust's stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc., Advisor Group Inc., Ashford Capital Management Inc. and Sheaff Brock Investment Advisors LLC. View Insider Buying and Selling for Gabelli Multimedia Trust.

Who bought Gabelli Multimedia Trust stock? Who is buying Gabelli Multimedia Trust stock?

Gabelli Multimedia Trust's stock was purchased by a variety of institutional investors in the last quarter, including Claraphi Advisory Network LLC, First Allied Advisory Services Inc., LPL Financial LLC, Raymond James & Associates, Doliver Capital Advisors LP, M Holdings Securities Inc., Wells Fargo & Company MN and Kovack Advisors Inc.. View Insider Buying and Selling for Gabelli Multimedia Trust.

How do I buy Gabelli Multimedia Trust stock?

Shares of Gabelli Multimedia Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gabelli Multimedia Trust's stock price today?

One share of Gabelli Multimedia Trust stock can currently be purchased for approximately $9.50.

How big of a company is Gabelli Multimedia Trust?

Gabelli Multimedia Trust has a market capitalization of $228.72 million.


MarketBeat Community Rating for Gabelli Multimedia Trust (GGT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  48 (Vote Outperform)
Underperform Votes:  52 (Vote Underperform)
Total Votes:  100
MarketBeat's community ratings are surveys of what our community members think about Gabelli Multimedia Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Gabelli Multimedia Trust (NYSE:GGT) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for Gabelli Multimedia Trust (NYSE:GGT)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Gabelli Multimedia Trust (NYSE:GGT) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Gabelli Multimedia Trust (NYSE:GGT) Dividend Information

Most Recent Dividend:12/15/2017
Annual Dividend:$0.88
Dividend Yield:9.26%
Dividend Growth:-14.30% (3 Year Average)
Payout Ratio:
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Gabelli Multimedia Trust (NYSE:GGT)

Gabelli Multimedia Trust (NYSE:GGT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/20/2017quarterly$0.2210.3%12/7/201712/8/201712/15/2017
8/28/2017quarterly$0.229.59%9/14/20179/15/20179/22/2017
5/19/2017quarterly$0.2210.35%6/14/20176/16/20176/23/2017
2/24/2017quarterly$0.2210.95%3/15/20173/17/20173/24/2017
5/22/2015quarterly$0.229.34%6/12/20156/16/20156/23/2015
2/18/2015quarterly$0.228.95%3/13/20153/17/20153/24/2015
11/20/2014quarterly$0.3916.08%12/10/201412/12/201412/19/2014
8/21/2014quarterly$0.228.89%9/12/20149/16/20149/23/2014
5/14/2014quarterly$0.228.61%6/12/20146/16/20146/23/2014
2/27/2014quarterly$0.227.87%3/13/20143/17/20143/24/2014
11/22/2013quarterly$0.3212.02%12/11/201312/13/201312/19/2013
8/22/2013quarterly$0.208.42%9/12/20139/16/20139/23/2013
5/20/2013quarterly$0.208.05%6/12/20136/14/20136/21/2013
2/28/2013quarterly$0.209.2%3/12/20133/14/20133/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Gabelli Multimedia Trust (NYSE GGT) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 15.71%
Institutional Ownership Percentage: 9.80%
Insider Trades by Quarter for Gabelli Multimedia Trust (NYSE:GGT)
Insider Trades by Quarter for Gabelli Multimedia Trust (NYSE:GGT)

Gabelli Multimedia Trust (NYSE GGT) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/27/2017Mario J. GabelliInsiderSell10,000$9.10$91,000.00View SEC Filing  
11/13/2017Mario J. GabelliDirectorSell1,100$8.76$9,636.00View SEC Filing  
9/26/2017Christopher J MarangiDirectorBuy2,000$25.00$50,000.002,000View SEC Filing  
10/9/2014Citigroup IncMajor ShareholderBuy2$72.00$144.00View SEC Filing  
5/19/2014Kuni NakamuraDirectorBuy1,200$10.38$12,456.00View SEC Filing  
3/6/2013Kuni NakamuraDirectorBuy1,700$8.86$15,062.00View SEC Filing  
8/30/2012Kuni NakamuraDirectorBuy1,000$7.35$7,350.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Gabelli Multimedia Trust (NYSE GGT) News Headlines

Source:
DateHeadline
Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares First Quarter Distribution of $0.22 Per ShareGabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares First Quarter Distribution of $0.22 Per Share
finance.yahoo.com - February 23 at 9:43 AM
Insider Selling: Gabelli Multimedia Trust Inc (GGT) Insider Sells 10,000 Shares of StockInsider Selling: Gabelli Multimedia Trust Inc (GGT) Insider Sells 10,000 Shares of Stock
www.americanbankingnews.com - December 28 at 7:28 PM
Gabelli Multi-Media Trust Inc. (GGT) Plans Quarterly Dividend of $0.22Gabelli Multi-Media Trust Inc. (GGT) Plans Quarterly Dividend of $0.22
www.americanbankingnews.com - November 20 at 5:54 PM
Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares Fourth Quarter Distribution of $0.22 Per ShareGabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares Fourth Quarter Distribution of $0.22 Per Share
finance.yahoo.com - November 17 at 11:54 AM
How To Cash In On Tax-Loss Selling (And 5 Bargain Buys)How To Cash In On Tax-Loss Selling (And 5 Bargain Buys)
finance.yahoo.com - November 11 at 6:21 AM
Three money managers who lived through the 1987 stock-market crash warn of danger todayThree money managers who lived through the 1987 stock-market crash warn of danger today
www.marketwatch.com - October 20 at 5:52 AM
Gabelli Multi-Media Trust Inc. (GGT) Director Buys $50,000.00 in StockGabelli Multi-Media Trust Inc. (GGT) Director Buys $50,000.00 in Stock
www.americanbankingnews.com - September 27 at 8:32 PM
Gabelli Multi-Media Trust Prices $50 Mln Preferred Stock OfferingGabelli Multi-Media Trust Prices $50 Mln Preferred Stock Offering
www.nasdaq.com - September 22 at 2:22 PM
Gabelli Multimedia Trust Inc.  -- Moodys assigns A2 rating to 5.125% Series E Cumulative Preferred Shares of The Gabelli Multimedia Trust, Inc. and downgrades existing preferred shares to A2Gabelli Multimedia Trust Inc.  -- Moody's assigns A2 rating to 5.125% Series E Cumulative Preferred Shares of The Gabelli Multimedia Trust, Inc. and downgrades existing preferred shares to A2
finance.yahoo.com - September 22 at 2:21 PM
Gabelli Multi-Media Trust Inc. (GGT) to Issue Quarterly Dividend of $0.22Gabelli Multi-Media Trust Inc. (GGT) to Issue Quarterly Dividend of $0.22
www.americanbankingnews.com - August 28 at 5:56 PM
Gabelli Global Multimedia Trust declares $0.22 dividendGabelli Global Multimedia Trust declares $0.22 dividend
seekingalpha.com - August 26 at 11:18 PM
Ex-Div Reminder for Gabelli Multimedia Trusts 6.00% Series B Cumulative Preferred StockEx-Div Reminder for Gabelli Multimedia Trust's 6.00% Series B Cumulative Preferred Stock
www.nasdaq.com - June 13 at 5:12 PM
BRIEF-Gabelli Multimedia Trust reaffirms 10 pct distribution policyBRIEF-Gabelli Multimedia Trust reaffirms 10 pct distribution policy
www.reuters.com - February 23 at 10:26 PM
The High-Yield Sweet Spot That Leads To The Best ReturnsThe High-Yield 'Sweet Spot' That Leads To The Best Returns
www.nasdaq.com - February 16 at 5:21 PM
Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares Second Quarter Distribution of $0.22 Per ... - Business Wire (press release)Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares Second Quarter Distribution of $0.22 Per ... - Business Wire (press release)
www.businesswire.com - May 19 at 11:54 AM
Gabelli Multi-Media Trust Inc. (GGT) Ex-Dividend Date Scheduled for March 14, 2016 - NasdaqGabelli Multi-Media Trust Inc. (GGT) Ex-Dividend Date Scheduled for March 14, 2016 - Nasdaq
www.nasdaq.com - March 12 at 11:35 AM
Dividend Watch: 3 Stocks Going Ex-Dividend Monday: GGT, OXLC, RWTDividend Watch: 3 Stocks Going Ex-Dividend Monday: GGT, OXLC, RWT
www.thestreet.com - March 11 at 12:33 PM
Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares First Quarter Distribution of $0.22 Per ... - Business Wire (press release)Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares First Quarter Distribution of $0.22 Per ... - Business Wire (press release)
www.businesswire.com - February 26 at 7:50 PM

SEC Filings

Gabelli Multimedia Trust (NYSE:GGT) SEC Filings

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Social Media

Financials

Gabelli Multimedia Trust (NYSE:GGT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Gabelli Multimedia Trust (NYSE GGT) Stock Chart for Saturday, February, 24, 2018

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This page was last updated on 2/24/2018 by MarketBeat.com Staff

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