Beamr video compression achieves up to 50% improvement for AVs
Gabelli Equity Trust Closed Fund stock reached a new 52-week high, trading at $5.91, with an impressive dividend yield of 10.17%. According to InvestingPro data, the fund has maintained dividend payments for 39 consecutive years. This milestone reflects the company’s strong performance, with a total return of 23.52% over the past year and 15.71% year-to-date. The rise to this 52-week high indicates positive investor sentiment and confidence in the fund’s management and future prospects, supported by an attractive P/E ratio of 9.62 and an overall "GREAT" financial health score from InvestingPro. The steady growth over the past year highlights the fund’s resilience and ability to navigate market fluctuations, with a beta of 0.86 indicating lower volatility than the broader market, positioning it favorably within the investment community.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.