reports
CORRECTION -- Gabelli Multimedia Trust Reinforces Maintenance of $0.88...
CORRECTION -- Gabelli Multimedia Trust Reinforces Maintenance of $0.88 per Share Annual Distribution Continues Monthly Distributions RYE, N.Y., May 15, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline on May 14, 2025 by The Gabelli Multimedia Trust Inc. (NYSE:GGT) please note that in the table, the September Payable Date should be September 23, 2025, not September 16, 2025, as previously stated. The corrected release follows: The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) approved the continuation of its policy of paying fixed mont...
Gabelli Multimedia Trust Reinforces Maintenance of $0.88 per Share Ann...
Gabelli Multimedia Trust Reinforces Maintenance of $0.88 per Share Annual Distribution Continues Monthly Distributions RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Directors declared cash distributions as set forth below for each of July, August, and September 2025. Distribution Month Record Date Payable Date Distribution Per Share July July 17, 2025 July 24, 2025 $0.07 August August 15, 2025 August 22, 2025 $0...
Gabelli Multimedia Trust Board Approves at the Market Common Stock Off...
Gabelli Multimedia Trust Board Approves at the Market Common Stock Offerings With Prices Trading Above NAV RYE, N.Y., April 09, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) has authorized the Fund to conduct offerings of common stock in “at the market” transactions (“ATM offering”),at prices above the net asset value, which would be accretive to the common shares. The Board of Directors will continue to evaluate the Fund’s capital structure, including the ability for shareholders to subscribe for additional common stock. T...
Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Ann...
Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Will Commence Monthly Distributions in May 2025 RYE, N.Y., April 09, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE: GGT) (the “Fund”) has determined to begin monthly distributions to the common stock shareholders of the Fund. These distributions will provide cash flow to common stock shareholders each month. Under its monthly distribution policy, the Fund will continue to pay a $0.22 per share quarterly distribution, with $0.07 per share paid for each of the...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declar...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.22 Per Share RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on March 24, 2025 to common stock shareholders of record on March 17, 2025. The Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisf...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declar...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.22 Per Share RYE, N.Y., Nov. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on December 20, 2024 to common stock shareholders of record on December 13, 2024. With this fourth quarter distribution, the total distributions from the Fund for 2024 would equate to $0.88 per share. The Fund intends to pay a minimu...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declar...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.22 Per Share RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on September 23, 2024 to common stock shareholders of record on September 16, 2024. We note that the minimum annual distribution of 10% of the average net asset value of the Fund is based on the ending net asset values per share as of D...
Gabelli Multimedia Trust Rights Offering Concludes Raising $24 Million
Gabelli Multimedia Trust Rights Offering Concludes Raising $24 Million RYE, N.Y., July 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) announces the completion of its transferable rights offering (the “Offering” or “Offer”). Preliminary results indicate that the Fund will issue approximately 4.8 million shares of common stock, resulting in gross proceeds to the Fund of approximately $24 million (including over-subscription requests and notices of guaranteed delivery). Pursuant to the Offer, the Fund issued one transferabl...
Gabelli Multimedia Trust Alerts Common Stock Shareholders to Rights Of...
Gabelli Multimedia Trust Alerts Common Stock Shareholders to Rights Offering Expiration Date of July 22, 2024 RYE, N.Y., July 15, 2024 (GLOBE NEWSWIRE) -- The Gabelli Multimedia Trust’s (NYSE: GGT) (the “Fund”) transferrable rights offering to acquire additional shares of common stock expires at 5:00 PM Eastern Time on July 22, 2024, unless extended. The Fund encourages shareholders to take action this week. SUMMARY OF THE TERMS OF THE OFFERING Each shareholder received one transferable right (the “Right”) for each share of common stock held on the record date (June 28, 2024).Four Right...
Gabelli Multimedia Trust Announces Rights Offering for Shares of Commo...
Gabelli Multimedia Trust Announces Rights Offering for Shares of Common Stock Record Date and Summary of Terms RYE, N.Y., June 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE: ) (the “Fund”) has approved a transferable rights offering which would allow the Fund’s record date common shareholders to acquire additional shares of common stock (the “Offering”). The Offering will be made only by means of a prospectus supplement and accompanying prospectus, and this announcement does not constitute an offer to sell, or a solicitation of an offer to ...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declar...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.22 Per Share RYE, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on June 21, 2024 to common stock shareholders of record on June 13, 2024. Additionally, the Board of Directors continues to evaluate potential strategic opportunities for the Fund in what we believe to be an attractive environment to in...
Gabelli Multimedia Trust Appoints Susan Watson Laughlin to the Board o...
Gabelli Multimedia Trust Appoints Susan Watson Laughlin to the Board of Trustees RYE, N.Y., March 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (the “Board”) (NYSE: ) (the “Fund”) announced the appointment of Susan Watson Laughlin to the Board of the Fund effective February 13, 2024. Ms. Watson Laughlin brings to the Board an extensive career in investor relations with such notable firms as MCI, Interpublic Group, Pepsico, Nielsen Media Research, Gannett and Metromedia. Most recently, she served in the Board of Directors Practice at Spencer Stua...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declar...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.22 Per Share RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on March 21, 2024 to common stock shareholders of record on March 14, 2024. Additionally, the Board of Directors continues to evaluate potential strategic opportunities for the Fund in what we believe to be an attractive environment to ...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed And Declar...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed And Declared Fourth Quarter Distribution Of $0.22 Per Share RYE, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on December 22, 2023 to common stock shareholders of record on December 15, 2023. With this fourth quarter distribution, the total distributions from the Fund for 2023 would equate to $0.88 per share. The Fund intends to pay a minimum ...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declar...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.22 Per Share RYE, N.Y., Aug. 25, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on September 22, 2023 to common stock shareholders of record on September 15, 2023. The Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient t...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declar...
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.22 per Share RYE, N.Y., May 18, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on June 23, 2023 to common stock shareholders of record on June 15, 2023. The Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy ...
Moody's downgrades The Gabelli Multimedia Trust Inc.'s preferred share...
Moody's Investors Service ("Moody's") has downgraded the outstanding preferred shares issued by The Gabelli Multimedia Trust Inc. (GGT) to A3 from A2. As of November 30, 2022, total preferred shares outstanding were approximately $100 million. Issuer: Gabelli Multimedia Trust Inc. ....Series G, ...
Moody's announces completion of a periodic review of ratings of Gabell...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Gabelli Multimedia Trust Inc.. Global Credit Research- 12 Jan 2022. New York, January 12, 2022-- Moody's Investors Service has completed a periodic review of the ratings of Gabelli Multimedia Trust Inc. and other ratings that are associated with the same analytical unit.
Gabelli Multimedia Trust Inc: 1 director
A director at Gabelli Multimedia Trust Inc sold/bought 7,800 shares at 9.440USD and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last...
Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Dec...
RYE, N.Y.--(BUSINESS WIRE)-- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed its 10% distribution policy and declared a $0.22 per share cash distribution payable on March 22, 2018 to common stock shareholders of record on March 15, 2018. The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Directors. Under the Fund’s current distribution policy, the Fund intends to pay a minimum annual distribution of 10% of the average net asset v...
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