The GDL Fund (GDL) Declares $0.16 Quarterly Dividend; 6.1% Yield
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The GDL Fund Declares Second Quarter Distribution of $0.16 Per Share
May 21, 2015 5:50 PM EDTRYE, N.Y.--(BUSINESS WIRE)-- The Board of Trustees of The GDL Fund (NYSE: GDL) (the Fund) declared a $0.16 per share cash distribution payable on June 23, 2015 to common shareholders of record on June 16, 2015.
Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Funds distribution level, taking into consideration the Funds net asset value and the financial market environment. The distribution rate should not be considered the dividend... More
