The Gabelli Equity Trust Inc.

GAB

Financial Services · Asset Management · Stock · quarterly payer

$5.24

Undervalued · +94% Add to Portfolio

Forward Yield

11.56%

Annual Dividend

$0.60

Payout Ratio

49%

5-Yr Growth

0.5%

Ex-Date

Sep 16, 2026

Frequency

Quarterly

Key facts about GAB's dividend

Data as of Oct 30, 2026 · Source: SmarterDividends data

As of Oct 30, 2026, The Gabelli Equity Trust Inc. (GAB) has a forward dividend yield of 11.56%, based on an annual dividend of $0.60 per share and a share price of $5.24.
As of Oct 30, 2026, GAB's dividend safety grade from SmarterDividends is B (78 out of 100), which rates the dividend as safe.
GAB last cut its regular dividend in 2010.
GAB's most recent ex-dividend date was Sep 16, 2026, for a dividend of $0.15 per share.
As of Oct 30, 2026, GAB pays out 49% of its trailing 12-month earnings as dividends (its payout ratio).
GAB's dividend has grown at an average rate of 0.5% a year over the past five years.
As of Oct 30, 2026, GAB's 11.56% yield is 13% above its five-year average yield of 10.22%.
As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for GAB is $10.19 per share, 94% above the $5.24 share price, so GAB screens as undervalued.
The Gabelli Equity Trust Inc. (GAB) pays its dividend quarterly, 4 times a year.
The Gabelli Equity Trust Inc. (GAB) has raised its regular dividend 18 times and cut it 5 times across the 156 payments on record since 1987. Its most recent change was a 1.0% increase to $0.150 per share, going ex-dividend on Mar 17, 2026. The last cut went ex-dividend on Mar 14, 2018.

Cite this page

SmarterDividends, "GAB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/GAB

Summary

As of Oct 30, 2026, The Gabelli Equity Trust Inc. (GAB) yields 11.56% ($0.60 a year per share) and has a dividend safety grade of B (78/100).

Is GAB a good dividend stock?

Yes

The Gabelli Equity Trust Inc. (GAB) pays a quarterly dividend yielding 11.56% ($0.60/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

Comfortable payout ratio (49%)

Risks

Cut its dividend in 2010
Very high yield can signal elevated risk
Share price is down over the past 5 years

Key Data

Dividend Yield: 11.56%
Payout Ratio: 49%
Annual Dividend: $0.60
5-Yr Avg Growth: 0.5%
Ex-Dividend Date: Sep 16, 2026
Years of Growth: 0
Frequency: quarterly
Beta: 0.75
Market Cap: $1.8B
P/E Ratio: 4.3
5-Yr Total Return: -26%
52-Week Range: $5.09 – $6.31
Dividend Safety: B · 78/100
Ever Cut?: Yes (2010)

GAB dividend raises and cuts

The Gabelli Equity Trust Inc. (GAB) has raised its regular dividend 18 times and cut it 5 times across the 156 payments on record since 1987. Its most recent change was a 1.0% increase to $0.150 per share, going ex-dividend on Mar 17, 2026. The last cut went ex-dividend on Mar 14, 2018.

Ex-date	Change	Old → new	Move
Mar 17, 2026	Raise	$0.149 → $0.150	+1.0%
Jun 15, 2021	Raise	$0.145 → $0.149	+2.3%
Mar 14, 2018	Cut	$0.155 → $0.145	−6.2%
Dec 7, 2017	Raise	$0.144 → $0.155	+7.5%
Mar 13, 2015	Raise	$0.141 → $0.144	+2.3%
Mar 13, 2014	Raise	$0.131 → $0.141	+7.1%
Jun 14, 2011	Raise	$0.122 → $0.131	+7.7%
Mar 15, 2011	Raise	$0.113 → $0.122	+8.3%
Sep 14, 2010	Raise	$0.103 → $0.113	+9.1%
Mar 15, 2010	Cut	$0.150 → $0.103	−31.2%
Sep 14, 2009	Cut	$0.188 → $0.150	−20.0%
Sep 12, 2007	Raise	$0.180 → $0.188	+4.0%

Show all 23 changes since 1988

Ex-date	Change	Old → new	Move
Sep 13, 2006	Raise	$0.171 → $0.180	+5.3%
Sep 15, 2005	Raise	$0.162 → $0.171	+5.6%
Sep 14, 2004	Raise	$0.144 → $0.162	+12.5%
Mar 15, 2004	Raise	$0.126 → $0.144	+14.3%
Jun 12, 2003	Cut	$0.244 → $0.126	−48.1%
Sep 15, 1999	Raise	$0.222 → $0.244	+10.0%
Jun 16, 1998	Raise	$0.205 → $0.222	+8.0%
Mar 8, 1995	Cut	$0.271 → $0.205	−24.2%
Dec 7, 1994	Raise	$0.228 → $0.271	+18.7%
Jun 6, 1994	Raise	$0.205 → $0.228	+11.2%
Jul 26, 1988	Raise	$0.115 → $0.205	+78.6%

Every GAB payment →Download every raise and cut (CSV)

GAB ex-dividend date & scheduleNext ex-date Sep 16, 2026 · full ex-dividend historyView →GAB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GAB a good dividend stock?

Yes. The Gabelli Equity Trust Inc. (GAB) pays a quarterly dividend yielding 11.56% ($0.60/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is GAB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GAB's fair value is about $10.19 versus a $5.24 share price — so it looks undervalued (+94% vs. fair value).

Is GAB's dividend safe?

GAB has a dividend-safety grade of B (78/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2010, debt and yield-versus-history.

What is GAB's fair value?

Our blended fair-value estimate for GAB is about $10.19 per share, roughly 94% above the current $5.24 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GAB a buy, hold, or sell?

We don't issue formal ratings, but on the data GAB screens as "yes" and undervalued. The Gabelli Equity Trust Inc. (GAB) pays a quarterly dividend yielding 11.56% ($0.60/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will GAB cut its dividend?

GAB earns a dividend-safety grade of B (78/100), and has cut its dividend before (last in 2010). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GAB pay a dividend?

Yes. The Gabelli Equity Trust Inc. pays a quarterly dividend of about $0.60 per share annually, a forward yield of roughly 11.56%.

What is GAB's dividend yield?

As of Oct 30, 2026, GAB's forward dividend yield is 11.56%, based on a $0.60 annual dividend and a $5.24 share price.

What is GAB's dividend per share?

As of Oct 30, 2026, GAB pays $0.60 per share per year, distributed on a quarterly basis.

What is GAB's dividend payout ratio?

As of Oct 30, 2026, GAB's payout ratio is 49% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has GAB grown its dividend?

GAB does not currently have a long dividend-growth streak on record.

When is the next GAB ex-dividend date?

As of Oct 30, 2026, GAB's next ex-dividend date hasn't been announced. The most recent was Sep 16, 2026, for $0.15 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full GAB dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 16, 2026	Sep 23, 2026	$0.1500	regular
Jun 15, 2026	Jun 23, 2026	$0.1500	regular
Mar 17, 2026	Mar 24, 2026	$0.1500	regular
Dec 12, 2025	Dec 19, 2025	$0.1485	regular
Sep 16, 2025	Sep 23, 2025	$0.1485	regular
Jun 13, 2025	Jun 23, 2025	$0.1485	regular
Mar 17, 2025	Mar 24, 2025	$0.1485	regular
Dec 13, 2024	Dec 20, 2024	$0.1485	regular
Sep 16, 2024	Sep 23, 2024	$0.1485	regular
Jun 13, 2024	Jun 21, 2024	$0.1485	regular
Mar 13, 2024	Mar 21, 2024	$0.1485	regular
Dec 14, 2023	Dec 22, 2023	$0.1485	regular
Sep 14, 2023	Sep 22, 2023	$0.1485	regular
Jun 14, 2023	Jun 23, 2023	$0.1485	regular