The GDL Fund ( GDL ) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.16 per share is scheduled to be paid on June 23, 2014. Shareholders who purchased GDL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -50% decrease from the prior quarter. At the current stock price of $11.03, the dividend yield is 5.8%.
The previous trading day's last sale of GDL was $11.03, representing a -7.08% decrease from the 52 week high of $11.87 and a 3.86% increase over the 52 week low of $10.62.