The GDL Fund Declares Second Quarter Distribution of $0.16 Per Share

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The GDL Fund (GDL) Declares $0.16 Quarterly Dividend; 6.1% Yield

May 22, 2015 6:04 AM EDT

The GDL Fund (NYSE: GDL) declared a quarterly dividend of $0.16 per share, or $0.64 annualized.

The dividend will be payable on June 23, 2015, to stockholders of record on June 16, 2015, with an ex-dividend date of June 12, 2015.

The annual yield on the dividend is 6.1... More