Gabelli Equity Trust's Series K Preferred Stock Yield Pushes Past 6.5%
In trading on Thursday, shares of Gabelli Equity Trust's 5.00% Series K Cumulative Preferred Stock (Symbol: GAB.PRK) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $19.11 on the day. This compares
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