Gabelli Health & Wellness Stock Price, News & Analysis

The Board of Trustees of the Gabelli Healthcare & Wellness Trust (NYSE:GRX) has declared a cash distribution of $0.15 per share, scheduled for December 16, 2022, to shareholders on record as of December 9, 2022. Future distributions will be reviewed quarterly and may change based on the Fund's earnings and capital. The Fund's total net assets are approximately $283 million, and it aims for long-term capital growth. The distribution policy may be modified at any time and is subject to the Internal Revenue Code's minimum distribution requirements.

The Gabelli Healthcare & Wellness Trust (NYSE:GRX) declared a cash distribution of $0.15 per share for common shareholders, payable on June 23, 2022, to those on record as of June 15, 2022. The Board of Trustees will determine quarterly distributions, which may vary. The Fund emphasizes that distributions may include long-term capital gains and returns of capital, potentially affecting tax treatment for shareholders. The Trust has $303 million in total net assets and focuses on long-term capital growth. Shareholders will receive notifications about tax treatment in early 2023.

The Gabelli Healthcare & Wellness Trust (NYSE:GRX) announced a cash distribution of $0.15 per share, payable on March 24, 2022, to shareholders of record as of March 17, 2022. The Board of Trustees will review quarterly distributions based on income and capital availability, with adjustments potentially made in December to account for additional income or realized gains. Currently, the 2022 distribution is deemed a 100% return of capital, which is generally not taxable. The Fund seeks long-term capital growth and has $328 million in net assets.

The Gabelli Healthcare & Wellness Trust (NYSE:GRX) announced a total distribution of $0.96 per share for 2021, comprising $0.60 previously paid and an additional $0.36 per share. This distribution, payable on January 6, 2022, helps meet the Internal Revenue Code's minimum distribution requirements and avoids federal excise tax. For tax purposes, the distributions may be treated as long-term capital gains, and shareholders will receive detailed tax information for 2021 in early 2022.

The Fund manages approximately $341 million in assets.

The Gabelli Healthcare & Wellness Trust (NYSE:GRX) announced a cash distribution of $0.15 per share, payable on December 17, 2021. Shareholders of record by December 10, 2021 will receive this payment. Additionally, the Board of Trustees authorized a potential year-end distribution, factoring in undistributed income and realized net capital gains. The exact amount and timing will be disclosed later. The Trust emphasizes that distributions may be treated as long-term capital gains or qualified dividends, with implications for tax treatment.

The Gabelli Healthcare & Wellness Trust (NYSE:GRX) announced the issuance of four million Series E Cumulative Preferred Shares, totaling $40 million. The 4.00% preferred shares have a liquidation preference of $10 each and are non-callable until December 26, 2024, with quarterly distributions starting on the same date. This move aims to enhance the Fund's capital structure and support its long-term growth strategy. The Fund currently manages total net assets of $337 million and is managed by Gabelli Funds, LLC.

The Gabelli Healthcare & Wellness^Rx Trust (NYSE:GRX) declared a cash distribution of $0.15 per share, payable on June 23, 2021, to shareholders of record by June 16, 2021. The Fund's Board will review the quarterly distribution amounts and may adjust them based on income and capital available. Future adjustments may also occur, aligning with U.S. tax laws. This distribution will primarily stem from capital gains. Shareholders will be notified about the components and tax implications of distributions through Form 1099-DIV in early 2022.