Is The Gabelli Global Utility & Income Trust (GLU) a Buy, Sell, or Hold?
AMEX : GLU
The Gabelli Global Utility & Income Trust
$19.4 USD
-$0.16 (-0.82%)
- Volume
- 2.68K
- Average Volume
- 8.91K
- Market Capitalization
- $116.21M
- P/E Ratio
- 4.05
- Dividend Yield
- 6.55%
- Price Target
- Year High
- $21.69
- Year Low
- $17.11
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $1.89
| Source | Headline |
|---|---|
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Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.11 Per Share
RYE, N.Y., May 13, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.11 per share for each of July, August, and September 2026. globenewswire.com - 2026-05-13 12:01:00 |
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GLU: Data Centers Serve As A Growth Catalyst (Rating Upgrade)
Gabelli Global Utility & Income Trust is upgraded to Buy, driven by strong earnings, robust dividend coverage, and exposure to AI data center growth. GLU offers a 6.6% yield, monthly payouts, and trades at a 1.14% discount to NAV, near the high end of its historical range. GLU relies on net realized gains to support distributions, making NAV growth sensitive to market momentum and sector performance. seekingalpha.com - 2026-04-27 23:48:20 |
