Gabelli Equity Trust's Series J Preferred Stock Crosses Above 5.5% Yield Territory
October 04, 2018 at 14:49 PM EDT
In trading on Thursday, shares of Gabelli Equity Trust's 5.45% Series J Cumulative Preferred Stock (GAB. RJ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3625), with shares changing hands as low as $24.65 on the day.
