The GDL Fund Dividend History | Yield & Payout Insights

Dividend history and payout analysis for The GDL Fund (GDL). Use the fiscal-year summary and the payout history table below to track dividend per share, dividend yield, and payout ratio changes over time, plus the key dates investors watch for dividend investing.

Dividend Performance Chart

Dividend Summary (FY)

19 years
Metric (FY)2025202420232022202120202019201820172016201520142013201220112010200920082007
Dividends per share (FY)$0.48$0.48$0.48$0.48$0.48$0.46$0.40$0.40$0.58$0.64$0.64$0.80$1.28$1.28$1.28$1.28$1.28$1.60$1.20
Dividend yield (FY) %N/A6.35%6.29%5.31%5.53%5.50%4.38%4.04%6.17%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Payout ratio (FY) %N/A103.97%93.70%-231.31%205.68%-221.10%88.52%-127.68%253.21%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

Dividend Payout History

75 payments
Pay DateEx-DateRecord DateAmount
2025-12-19December 12, 252025-12-12$0.12
2025-09-23September 16, 252025-09-16$0.12
2025-06-23June 13, 252025-06-13$0.12
2025-03-24March 17, 252025-03-17$0.12
2024-12-20December 13, 242024-12-13$0.12
2024-09-23September 16, 242024-09-16$0.12
2024-06-21June 13, 242024-06-13$0.12
2024-03-21March 13, 242024-03-14$0.12
2023-12-22December 14, 232023-12-15$0.12
2023-09-22September 14, 232023-09-15$0.12
2023-06-23June 14, 232023-06-15$0.12
2023-03-24March 16, 232023-03-17$0.12
2022-12-16December 08, 222022-12-09$0.12
2022-09-23September 15, 222022-09-16$0.12
2022-06-23June 14, 222022-06-15$0.12
2022-03-24March 16, 222022-03-17$0.12
2021-12-17December 09, 212021-12-10$0.12
2021-09-23September 15, 212021-09-16$0.12
2021-06-23June 15, 212021-06-16$0.12
2021-03-24March 16, 212021-03-17$0.12
2020-12-18December 10, 202020-12-11$0.12
2020-09-23September 15, 202020-09-16$0.12
2020-06-23June 15, 202020-06-16$0.12
2020-03-24March 16, 202020-03-17$0.10
2019-12-20December 12, 192019-12-13$0.10
2019-09-23September 13, 192019-09-16$0.10
2019-06-21June 13, 192019-06-14$0.10
2019-03-22March 14, 192019-03-15$0.10
2018-12-14December 06, 182018-12-07$0.10
2018-09-21September 13, 182018-09-14$0.10
2018-06-22June 14, 182018-06-15$0.10
2018-03-22March 14, 182018-03-15$0.10
2017-12-15December 07, 172017-12-08$0.10
2017-09-22September 14, 172017-09-15$0.16
2017-06-23June 14, 172017-06-16$0.16
2017-03-24March 15, 172017-03-17$0.16
2016-12-16December 07, 162016-12-09$0.16
2016-09-23September 14, 162016-09-16$0.16
2016-06-23June 14, 162016-06-16$0.16
2016-03-23March 14, 162016-03-16$0.16
2015-12-18December 09, 152015-12-11$0.16
2015-09-23September 14, 152015-09-16$0.16
2015-06-23June 12, 152015-06-16$0.16
2015-03-24March 13, 152015-03-17$0.16
2014-12-19December 10, 142014-12-12$0.16
2014-09-23September 12, 142014-09-16$0.16
2014-06-23June 12, 142014-06-16$0.16
2014-03-24March 13, 142014-03-17$0.32
2013-12-19December 11, 132013-12-13$0.32
2013-09-23September 12, 132013-09-16$0.32
2013-06-21June 12, 132013-06-14$0.32
2013-03-21March 12, 132013-03-14$0.32
2012-12-20December 12, 122012-12-14$0.32
2012-09-21September 12, 122012-09-14$0.32
2012-06-22June 13, 122012-06-15$0.32
2012-03-23March 14, 122012-03-16$0.32
2011-12-16December 09, 112011-12-13$0.32
2011-09-23September 14, 112011-09-16$0.32
2011-06-23June 14, 112011-06-16$0.32
2011-03-24March 15, 112011-03-17$0.32
2010-12-17December 10, 102010-12-14$0.32
2010-09-23September 14, 102010-09-16$0.32
2010-06-23June 14, 102010-06-16$0.32
2010-03-24March 15, 102010-03-17$0.32
2009-12-17December 10, 092009-12-14$0.44
2009-09-23September 14, 092009-09-16$0.32
2009-06-23June 12, 092009-06-16$0.32
2009-03-24March 13, 092009-03-17$0.20
2008-12-17December 10, 082008-12-12$0.40
2008-09-24September 12, 082008-09-16$0.40
2008-06-24June 12, 082008-06-16$0.40
2008-03-25March 13, 082008-03-17$0.40
2007-12-17December 10, 072007-12-12$0.40
2007-09-24September 12, 072007-09-14$0.40
2007-06-25June 13, 072007-06-15$0.40

Frequently Asked Questions

What is The GDL Fund's current dividend yield and payout ratio?

The dividend yield shows how much The GDL Fund returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.

How has The GDL Fund's dividend changed over the last 5 years?

By reviewing the historical dividend payouts for The GDL Fund, investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.

Is The GDL Fund a high-yield stock compared to its industry peers?

Comparing The GDL Fund's dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.

Can The GDL Fund maintain its dividend during market downturns?

Analyzing The GDL Fund's liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.

Should I consider The GDL Fund dividends as part of my long-term investment strategy?

Investors often include The GDL Fund dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.