The Gabelli Equity Trust Inc.
GABFinancial Services · Stock · quarterly payer
Forward Yield
10.75%
Annual Dividend
$0.60
Payout Ratio
48%
5-Yr Growth
0.5%
Ex-Date
Sep 16, 2026
Frequency
Quarterly
Summary
As of September 2026, The Gabelli Equity Trust Inc. (GAB) yields 10.75% ($0.60 per share annually), with a blended fair-value estimate of $8.64 — +55% upside, so it screens as undervalued. Dividend safety grade: B (79/100).
Is GAB a good dividend stock?
YesThe Gabelli Equity Trust Inc. (GAB) pays a quarterly dividend yielding 10.75% ($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 (48%)
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
- 10.75%
- Payout Ratio
- 48%
- Annual Dividend
- $0.60
- 5-Yr Avg Growth
- 0.5%
- Ex-Dividend Date
- Sep 16, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $1.9B
- P/E Ratio
- 4.5
- 5-Yr Total Return
- -15%
- 52-Week Range
- $5.28 – $6.31
- Dividend Safety
- B · 79/100
- Ever Cut?
- Yes (2010)
Frequently Asked Questions
GAB Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
+10%
5 Years
-15%
52-Week Range
$5.28 – $6.31
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GAB worth?
Undervaluedhigh confidenceOur blended fair-value estimate for The Gabelli Equity Trust Inc. is $8.64 per share, versus a market price of $5.58. That implies 55% of upside — a margin of safety of about 35%.
Fair Value
$8.64
Current Price
$5.58
Upside
+55%
Margin of Safety
35%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 0.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 0.5% stage-1 growth, 2.5% terminal growth, $1.23 EPS, $0.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GAB Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 15, 2026 | — | $0.1500 | regular |
| Mar 17, 2026 | — | $0.1500 | regular |
| Dec 12, 2025 | — | $0.1485 | regular |
| Sep 16, 2025 | — | $0.1485 | regular |
| Jun 13, 2025 | — | $0.1485 | regular |
| Mar 17, 2025 | — | $0.1485 | regular |
| Dec 13, 2024 | — | $0.1485 | regular |
| Sep 16, 2024 | — | $0.1485 | regular |
| Jun 13, 2024 | — | $0.1485 | regular |
| Mar 13, 2024 | — | $0.1485 | regular |
| Dec 14, 2023 | — | $0.1485 | regular |
| Sep 14, 2023 | — | $0.1485 | regular |
| Jun 14, 2023 | — | $0.1485 | regular |
| Mar 16, 2023 | — | $0.1485 | regular |
Income Calculator
At $0.60 / yr per share
