Gabelli Dividend & Income Trust Declares Distributions, Payable on October 24, 2022, November 22, 2022 and December 16, 2022
August 18, 2022 at 07:40 am
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The Board of Trustees of The Gabelli Dividend & Income Trust approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.11 per share for each of October, November, and December 2022 with record date of October 17, 2022; November 15, 2022 and December 9, 2022 and payable date October 24, 2022, November 22, 2022 and December 16, 2022 respectively.
The Gabelli Dividend & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is to seek a high level of total return with an emphasis on dividends and income. Under normal market conditions, the Fund invests at least 80% of its assets in dividend paying or other income-producing securities. In addition, under normal market conditions, at least 50% of the Fund's assets will consist of dividend paying equity securities. In making stock selections, the Fund's investment adviser looks for securities that have a superior yield and capital gains potential. The Fund invests in a range of sectors, including financial services, food and beverage, consumer products, cable and satellite, business services, paper and forest products, computer software and services, wireless communications, publishing, agriculture, building and construction, health care, broadcasting and others. The Fund's investment advisor is Gabelli Funds, LLC.