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Realtime updates for Gabelli Equity Trust Inc [GAB]

Exchange: NYSE Sector: Financial Services Industry: Asset Management

Last Updated31 May 2024 @ 16:00

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Live Chart Being Loaded With Signals

Commentary (31 May 2024 @ 16:00):

The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States...

Stats
Today's Volume	493 988
Average Volume	539 830
Market Cap	1.60B
EPS	$0 ( 2024-05-13 )
Last Dividend	$0.150 ( 2024-03-13 )
Next Dividend	$0.150 ( 2024-06-13 )
P/E	7.04
ATR14	$0.00600 (0.11%)

Insider Trading

Date	Person	Action	Amount	type
2024-02-22	Ball John Chester	Buy	47	Common Stock, Par Value $0.001
2024-01-05	Ubs Group Ag	Buy	0	Auction Rate Preferred Stock
2022-11-09	Linehan Laura	Buy	0
2022-11-09	Linehan Laura	Buy	0
2022-02-17	Mullady Agnes	Buy	150	Common Stock, Par Value $0.001

INSIDER POWER
100.00
Last 91 transactions
Buy: 1 116 775 \| Sell: 167 354

Volume Correlation

Long: 0.20 (neutral)

Short: 0.91 (very strong)

Signal:(82.965) Expect same movement, but be aware

Gabelli Equity Trust Inc Correlation

10 Most Positive Correlations
BWLP	0.944
CNDA-UN	0.94
NEE-PR	0.927
ANF	0.925
OBDC	0.922
ELME	0.917
RSPU	0.916
BWSN	0.913
HAFN	0.9
PACS	0.895

10 Most Negative Correlations
MPU	-0.956
AMBI	-0.93
EHAB	-0.922
MKFG-WT	-0.91
QBTS	-0.909
BYON	-0.903
SHPW	-0.903
CCG	-0.883
ICD	-0.881
ELIQ	-0.88

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Gabelli Equity Trust Inc Correlation - Currency/Commodity

0.59
( weak )

0.25
( neutral )

0.00
( neutral )

0.69
( moderate )

0.19
( neutral )

-0.03
( neutral )

Gabelli Equity Trust Inc Financials

Annual	2023
Revenue:	$138.32M
Gross Profit:	$117.76M (85.13 %)
EPS:	$0.700

FY	2023
Revenue:	$138.32M
Gross Profit:	$117.76M (85.13 %)
EPS:	$0.700

FY	2022
Revenue:	$-198.00M
Gross Profit:	$-218.27M (110.24 %)
EPS:	$-0.670

FY	2021
Revenue:	$363.00M
Gross Profit:	$0.00 (0.00 %)
EPS:	$1.350

Financial Reports:

No articles found.

Gabelli Equity Trust Inc Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
$0.150 (N/A)	$0.150 (N/A)	$0.150 (N/A)	$0.150 (N/A)	$0.150 (N/A)	$0.150 (N/A)	$0.150 (N/A)	$0.150 (N/A)	$0 (N/A)	$0 (N/A)

Gabelli Equity Trust Inc Dividend Information - Dividend Royal

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 5.94 - Stable (18.74%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	$0.119	1987-03-11
Last Dividend	$0.150	2024-03-13
Next Dividend	$0.150	2024-06-13
Payout Date	2024-03-21
Next Payout Date	2024-06-21
# dividends	147	--
Total Paid Out	$28.69	--
Avg. Dividend % Per Year	8.61%	--
Score	8.61	--
Div. Sustainability Score	10.00
Div.Growth Potential Score	5.94
Div. Directional Score	8.89	--

Next Divdend (Est)
(2024-07-08)

$0.152 Estimate 74.38 %

Dividend Stability

0.99 Excellent

Dividend Score

8.61

Pay Frequency

Quarterly

Yearly Payout

Year	Amount	Yield
1987	$0.543	7.12%
1988	$0.841	12.40%
1989	$1.111	13.60%
1990	$1.001	8.51%
1991	$0.924	10.40%
1992	$0.920	10.60%
1993	$0.729	8.50%
1994	$1.015	9.98%
1995	$0.848	10.50%
1996	$0.848	10.80%
1997	$0.882	11.40%
1998	$0.988	9.92%
1999	$1.046	10.70%
2000	$1.222	10.90%
2001	$0.756	7.29%
2002	$0.887	8.82%
2003	$0.645	9.82%
2004	$0.578	7.69%
2005	$0.793	9.45%
2006	$0.820	10.80%
2007	$1.258	14.30%
2008	$0.776	8.80%
2009	$0.698	18.00%
2010	$0.495	9.96%
2011	$0.553	9.93%
2012	$0.544	11.00%
2013	$0.602	10.80%
2014	$0.623	8.40%
2015	$0.635	9.86%
2016	$0.596	11.60%
2017	$0.603	10.90%
2018	$0.623	10.00%
2019	$0.584	11.20%
2020	$0.584	9.57%
2021	$0.626	10.30%
2022	$0.600	8.42%
2023	$0.600	11.00%
2024	$0.300	5.94%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for NYSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
LOMA	Dividend King	2023-06-30	Quarterly	2	5.23%	8.53
ACP	Dividend Royal	2024-05-22	Monthly	14	11.88%	8.50
PVL	Dividend Royal	2023-11-15	Monthly	14	9.37%	8.50
ARR	Dividend Royal	2024-05-14	Monthly	15	11.08%	8.50
ACV	Dividend Royal	2024-06-13	Monthly	10	10.19%	8.50
AVK	Dividend Royal	2024-05-14	Monthly	22	9.54%	8.31
AFG	Dividend Royal	2024-04-12	Bi-Monthly	39	9.39%	8.06
JPT	Dividend King	2023-11-02	Monthly	8	4.19%	8.05
VCIF	Dividend Royal	2023-08-18	Monthly	6	8.05%	8.02
EDI	Dividend Royal	2023-12-07	Monthly	13	8.85%	7.94

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	2.17	1.500	10.00	10.00	[0 - 0.5]
returnOnAssetsTTM	0.164	1.200	4.52	5.42	[0 - 0.3]
returnOnEquityTTM	0.174	1.500	9.17	10.00	[0.1 - 1]
payoutRatioTTM	0.444	-1.000	5.56	-5.56	[0 - 1]
currentRatioTTM	1.746	0.800	6.27	5.02	[1 - 3]
quickRatioTTM	3.33	0.800	10.00	8.00	[0.8 - 2.5]
cashRatioTTM	0.0707	1.500	-0.719	-1.078	[0.2 - 2]
debtRatioTTM	0.0407	-1.500	9.32	-10.00	[0 - 0.6]
interestCoverageTTM	82.29	1.000	10.00	10.00	[3 - 30]
operatingCashFlowPerShareTTM	0.117	2.00	9.96	10.00	[0 - 30]
freeCashFlowPerShareTTM	0.117	2.00	9.94	10.00	[0 - 20]
debtEquityRatioTTM	0.0434	-1.500	9.83	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.868	1.000	10.00	10.00	[0.2 - 0.8]
operatingProfitMarginTTM	1.548	1.000	10.00	10.00	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.425	1.000	8.75	8.75	[0.2 - 2]
assetTurnoverTTM	0.0759	0.800	-2.83	-2.26	[0.5 - 2]
Total Score				11.84

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	4.83	1.000	9.61	0	[1 - 100]
returnOnEquityTTM	0.174	2.50	9.47	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	0.117	2.00	9.96	10.00	[0 - 30]
dividendYielPercentageTTM	11.15	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	0.117	2.00	9.96	10.00	[0 - 30]
payoutRatioTTM	0.444	1.500	5.56	-5.56	[0 - 1]
pegRatioTTM	-0.0378	1.500	-3.59	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.228	1.000	6.80	0	[0.1 - 0.5]
Total Score				5.94

Gabelli Equity Trust Inc Options Data

Calls

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Puts

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Gabelli Equity Trust Inc

The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.

About Live Signals

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Total Execution Time: 2.6647579669952 seconds
Number of API calls: 2
Number of DB calls: 8