GDV Stock Summary and Trading Ideas (Gabelli Dividend & Income Trust Common Shares Of Beneficial Interest | NYSE:GDV)

The Fund’s investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income. The Fund will attempt to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in dividend paying securities (such as common and preferred stock) or other income producing securities (such as fixed income debt securities and securities that are convertible into equity securities).

Gabelli Dividend & Income Trust Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol GDV.

As of April 17, 2024, GDV stock price climbed to $21.57 with 148,865 million shares trading.

GDV has a beta of 1.16, meaning it tends to be more sensitive to market movements. GDV has a correlation of 0.80 to the broad based SPY ETF.

GDV has a market cap of $1.94 billion. This is considered a Small Cap stock.

In the last 3 years, GDV stock traded as high as $27.61 and as low as $18.04.

GDV has underperformed the market in the last year with a price return of +8.9% while the SPY ETF gained +23.0%. GDV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.3% and -4.2%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

GDV support price is $21.29 and resistance is $21.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GDV stock will trade within this expected range on the day.