STOCK TITAN
  1. Home
  2. News
  3. GLU

The Gabelli Utility & Income Trust - $GLU STOCK NEWS

Welcome to our dedicated page for The Gabelli Utility & Income Trust news (Ticker: $GLU), a resource for investors and traders seeking the latest updates and insights on The Gabelli Utility & Income Trust stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The Gabelli Utility & Income Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The Gabelli Utility & Income Trust's position in the market.

News
Gabelli Global Utility & Income Trust Appoints Nicolas W. Platt to Board of Trustees
Rhea-AI Summary
The Gabelli Global Utility & Income Trust appoints Nicolas W. Platt to its Board of Trustees, bringing extensive financial and leadership experience. Mr. Platt's background includes roles in financial consulting, executive positions at WPP Group subsidiaries, and leadership roles at stock exchanges. Investors are advised to review the Fund's investment objectives and risks before investing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.93%
Tags
management
-
News
Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.10 Per Share
Rhea-AI Summary
The Gabelli Global Utility & Income Trust (GLU) continues its fixed monthly cash distributions, declaring $0.10 per share for April, May, and June 2024. The Fund aims to pay a minimum annual distribution of 6% of the IPO price. Distribution policy subject to Board of Trustees' modifications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
Tags
none
-
News
Gabelli Global Utility & Income Trust Adds June 26, 2024 as Put Date for Series B Preferred Shares
Rhea-AI Summary
Gabelli Global Utility & Income Trust (GLU) approves additional put date for Series B Cumulative Puttable and Callable Preferred Shareholders, with an annual dividend rate of 5.20%. Each shareholder now has the right to put their shares to the Fund in 60-day periods ending December 26, 2023, June 26, 2024, and December 26, 2024. The Series B preferred shares become callable on December 19, 2023, at the liquidation value of $50.00 per share plus accrued dividends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
none
News
Gabelli Global Utility & Income Trust Alerts Series B Preferred Shareholders of Upcoming Put Date on December 26, 2023
Rhea-AI Summary
Gabelli Global Utility & Income Trust (GLU) Series B Cumulative Puttable and Callable Preferred Shareholders have an upcoming put date on December 26, 2023. The annual dividend rate of the Series B Preferred is 5.20%. The next put date for the Series B preferred is December 26, 2024, after which the shares become perpetual. The Series B preferred shares become callable on December 19, 2023 after proper notification is given, at the liquidation value of $50.00 per share plus accrued dividends. The Series B Preferred Shares, which trade on the NYSE American under the symbol “GLU Pr B”, were issued on December 19, 2018, at $50.00 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.10 Per Share
Rhea-AI Summary
Gabelli Global Utility & Income Trust (GLU) continues its fixed monthly cash distributions policy, declaring $0.10 per share for January, February, and March 2024. The Board reviews distributions quarterly and will monitor the Fund’s distribution level considering its net asset value and the financial market environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.10 Per Share
Rhea-AI Summary
The Gabelli Global Utility & Income Trust continues its policy of fixed monthly cash distributions. Cash distributions of $0.10 per share declared for October, November, and December 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
none
News
Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions Of $0.10 Per Share
Rhea-AI Summary
The Gabelli Global Utility & Income Trust (GLU) has approved the continuation of its policy of paying fixed monthly cash distributions. The Fund declared cash distributions of $0.10 per share for each of July, August, and September 2023. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
none
-
News
Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.10 Per Share
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
Tags
none
-
News
Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.10 Per Share
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
none
News
Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.10 Per Share
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
none
Stock GLU logo
The Gabelli Utility & Income Trust

NYSE:GLU

GLU Rankings

#4422 Ranked by Market Cap
#3118 Ranked by Stock Gains
N/A Ranked by Dividends

GLU Stock Data

84.70M
5.97M
0.12%
17.83%
0.19%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
Rye

About GLU

gamco investors, inc. (nyse:gbl) is a well-established provider of investment advisory services to open and closed-end funds, institutional, and private wealth management investors. since mario j. gabelli founded the firm in 1977, gamco has been recognized for its research driven approach to equity investing and our proprietary private market value (pmv) with a catalyst™ stock selection strategy. as of december 31, 2016, the company has $39.7 billion aum, 95% of which is invested in equities, principally through our two registered investment advisers: gamco asset management inc. (“institutional and private wealth management”) and gabelli funds, llc (“funds”). g.distributors, llc (“g.distributors”) acts as an underwriter and distributor for our open-end funds.