Gabelli Merger Plus+ Trust (LON:GMP) Trading Down 12.1%

Gabelli Merger Plus+ Trust PLC (LON:GMP) shares traded down 12.1% during trading on Wednesday . The company traded as low as GBX 8.55 ($0.11) and last traded at GBX 8.55 ($0.11), 0 shares were traded during trading. The stock had previously closed at GBX 9.73 ($0.13).

The firm’s 50 day moving average is GBX 8.60.

The company also recently disclosed a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, July 11th will be paid a $0.12 dividend. The ex-dividend date is Thursday, July 11th. This represents a yield of 1.39%.

About Gabelli Merger Plus+ Trust (LON:GMP)

Gabelli Merger Plus+ Trust PLC is a closed-ended equity mutual fund launched by The Carne Global Fund Managers Ireland Limited. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets around the globe, primarily in the United States. The fund invests in stocks of companies operating across diversified sectors.

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