The GDL Fund
GDLFinancial Services · Stock · quarterly payer
$8.47
Add to PortfolioForward Yield
5.67%
Annual Dividend
$0.48
Payout Ratio
69%
5-Yr Growth
0.0%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
GDL Dividend Safety Score
70/ 100
Grade B
Safe
Dividend-growth streak7 consecutive years of growth
Cut historyCut its dividend in 2018
Earnings payout coverage69% of earnings paid out
Yield vs its historyYield in line with its history
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
Is GDL a good dividend stock?
Yes, with caveatsThe GDL Fund (GDL) pays a quarterly dividend yielding 5.67% ($0.48/yr), with 7 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2018
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.67%
- Payout Ratio
- 69%
- Annual Dividend
- $0.48
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 7
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $92.6M
- P/E Ratio
- 12.1
- 5-Yr Total Return
- -7%
- 52-Week Range
- $8.15 – $8.67
- Dividend Safety
- B · 70/100
- Ever Cut?
- Yes (2018)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 17, 2026 | — | $0.1200 | regular |
| Dec 12, 2025 | — | $0.1200 | regular |
| Sep 16, 2025 | — | $0.1200 | regular |
| Jun 13, 2025 | — | $0.1200 | regular |
| Mar 17, 2025 | — | $0.1200 | regular |
| Dec 13, 2024 | — | $0.1200 | regular |
| Sep 16, 2024 | — | $0.1200 | regular |
| Jun 13, 2024 | — | $0.1200 | regular |
| Mar 13, 2024 | — | $0.1200 | regular |
| Dec 14, 2023 | — | $0.1200 | regular |
| Sep 14, 2023 | — | $0.1200 | regular |
| Jun 14, 2023 | — | $0.1200 | regular |
| Mar 16, 2023 | — | $0.1200 | regular |
| Dec 8, 2022 | — | $0.1200 | regular |
Income Calculator
At $0.48 / yr per share
Per payment (quarterly)$12.00
Annual$48.00
Monthly avg$4.00
