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 22, 2024, GDV stock price climbed to $21.96 with 145,041 million shares trading.

GDV has a beta of 1.09, meaning it tends to be more sensitive to market movements. GDV has a correlation of 0.78 to the broad based SPY ETF.

GDV has a market cap of $1.98 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 stock has underperformed the market in the last year with a return of +11.0%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in GDV shares. However, GDV has outperformed the market in the last 3 month and 2 week periods, returning +5.4% and -2.3%, while SPY returned +3.9% and -3.6%, respectively. This indicates GDV has been having a stronger performance recently.

GDV support price is $21.40 and resistance is $21.78 (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.