Gabelli Healthcare & WellnessRx Trust (GRX) Dividend Yield, History & Safety Analysis
Gabelli Healthcare & WellnessRx Trust (GRX) pays a high 7.60% dividend yield, or $0.68 per share annually at a stock price of $8.93. The payout ratio of 4% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.2x. Dividend growth is accelerating — the 3-year CAGR of 4.3% exceeds the 5-year rate of 2.9% and the 10-year rate of 2.7%. The most recent ex-dividend date was June 15, 2026.
- Dividend Yield
- 7.60%
- Annual Dividend
- $0.68
- Payout Ratio
- 4.4%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-06-15
- Sector
- Financial Services
- Earnings Per Share
- $0.15
Frequently Asked Questions
What is GRX's current dividend yield?
Gabelli Healthcare & WellnessRx Trust (GRX) has a dividend yield of 7.60%, paying $0.68 per share annually.
How often does GRX pay dividends?
Gabelli Healthcare & WellnessRx Trust typically pays dividends on a quarterly basis. The annual dividend totals $0.68 per share.
Is GRX's dividend safe?
Gabelli Healthcare & WellnessRx Trust's dividend safety is rated "Safe." The payout ratio of 4% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.2x.
When is GRX's next ex-dividend date?
The most recent ex-dividend date for Gabelli Healthcare & WellnessRx Trust was June 15, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is GRX's dividend growth rate?
Gabelli Healthcare & WellnessRx Trust has a 5-year dividend compound annual growth rate (CAGR) of 2.9%. The 10-year CAGR is 2.7%.
What is GRX's payout ratio?
Gabelli Healthcare & WellnessRx Trust has a payout ratio of 4%, meaning it distributes 4% of its earnings as dividends. This leaves significant room for dividend growth.
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