GDL Fund is a US-based company operating in the industry. The company is headquartered in Rye, New York. The company went IPO on 2007-01-26. The GDL Fund (the Fund) is a diversified closed-end management investment company. The Fund's primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. The Fund will seek to achieve its objective by investing primarily in merger arbitrage transactions and, to a lesser extent, in corporate reorganizations involving stubs, spin-offs, and liquidations. The Fund will invest at least 80% of its assets in securities or hedging arrangements relating to companies involved in corporate transactions or reorganizations, giving rise to the possibility of realizing gains upon or within relatively short periods of time after the completion of such transactions or reorganizations. The company has investments in sectors, including financial services, energy and utilities, semiconductors, food and beverage, healthcare, wireless communications, automotive, and cable and satellite. The Fund's advisor is Gabelli Funds, LLC.
GDL Fund has an annual dividend of 0.48 per share, with a yield of 6.0622%. The dividend is paid quarterly and the last ex-dividend date was Jun 15, 2026.
Dividend Yield
Annual Dividend
Ex-Dividend Date
6.0622%
$0.48
Jun 15, 2026
Payout Frequency
Payout Ratio
Quarterly
104.07%
Dividend History
Ex-Dividend Date
Cash Amount
Record Date
Pay Date
Jun 15, 2026
$0.12
Jun 15, 2026
Jun 23, 2026
Mar 17, 2026
$0.12
Mar 17, 2026
Mar 24, 2026
Dec 12, 2025
$0.12
Dec 12, 2025
Dec 19, 2025
Sep 16, 2025
$0.12
Sep 16, 2025
Sep 23, 2025
Jun 13, 2025
$0.12
Jun 13, 2025
Jun 23, 2025
Mar 17, 2025
$0.12
Mar 17, 2025
Mar 24, 2025
Dividend Charts
GDL Dividends
GDL Dividend Growth (YoY)
Follow-Up Questions
What is GDL Fund's current dividend paid and annual dividend?
The current dividend paid by GDL Fund is $0.12. The annual dividend for GDL Fund is $0.48
What is GDL Fund's dividend payout ratio?
The dividend payout ratio for GDL Fund is 104.07%
What is the ex-dividend date for GDL?
The ex-dividend date for GDL Fund is Jun 15, 2026.
How often does GDL Fund pay dividends?
Quarterly. The last time GDL Fund paid dividend was on Jun 23, 2026