Gabelli Dividend & Income Trust (GDV) stock has reached a new 52-week high, hitting $25.61, as investors rally behind the fund's robust performance. This milestone reflects a significant uptrend from the previous year, with the fund showcasing an impressive 31.92% one-year total return. The surge to the 52-week high underscores the confidence shareholders have placed in GDV's investment strategy and management, which has maintained dividend payments for 21 consecutive years. This peak is particularly noteworthy as it encapsulates the fund's resilience and potential for growth, even in the face of economic uncertainties. InvestingPro subscribers can access additional insights and metrics to better understand GDV's market positioning.
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