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StocksMedium•13 February 2026•

1 min read

Gabelli Multimedia Trust (GGT) Boosts Monthly Dividend by 14.3%

Icy Unilever headquarters with gears and clocks on a world map background. Signs read 'HIRING PAUSED' and 'FROZEN'. People work at computers below.

Gabelli Multimedia Trust Inc. (NYSE:GGT) has announced a significant increase in its monthly dividend, signaling confidence in its financial performance. The closed-end fund, focused on multimedia and communications sectors, declared a new monthly dividend of $0.08 per share, effective for the June payment. This represents a 14.3% increase from the previous $0.07 per share. The June dividend is payable on June 23rd to shareholders of record as of June 15th, resulting in an annualized yield of 22.4%. Prior to this increase, GGT had declared monthly dividends of $0.07 per share for both April and May, with annualized yields around 19.6%. This move underscores the company's commitment to delivering enhanced shareholder returns and may attract income-focused investors.