Gabelli Global Utility & Income Trust Increases Dividend Rate on Series B Preferred to 5.20% and Announces Additional Put Date
- Increase in annual dividend rate to 5.20%
- Additional put date approved on December 26, 2024
- None.
RYE, N.Y., Aug. 25, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees (the “Board”) of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) is pleased to announce an increase in the annual dividend rate on the Fund’s Series B Cumulative Puttable and Callable Preferred Shares (the “Series B Preferred”), to
The Board also approved an additional put date on December 26, 2024.
The Series B Preferred may be put back to the Fund at the liquidation preference of
The Series B Preferred Shares, which trade on the NYSE American under the symbol “GLU Pr B”, were issued on December 19, 2018 at
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. More information regarding this and other information about the Fund is available by calling 800-GABELLI (800-422-3554), visiting www.gabelli.com, or emailing ClosedEnd@gabelli.com.
About The Gabelli Global Utility & Income Trust
The Gabelli Global Utility & Income Trust is a diversified, closed-end management investment company with
NYSE American – GLU PrB
CUSIP – 36242L303
For information:
Adam Tokar
(914) 457-1079