The Gabelli Dividend & Income Trust Approves Monthly Cash Distributions for July, August, and September 2018, Payable on July 24, 2018, August 24, 2018, September 21, 2018, Respectively
May 17, 2018 at 09:28 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 July, August, and September 2018. The distribution for July 2018 will be payable on July 24, 2018 to common shareholders of record on July 17, 2018. The distribution for August 2018 will be payable on August 24, 2018 to common shareholders of record on August 17, 2018. The distribution for September 2018 will be payable on September 21, 2018 to common shareholders of record on September 14, 2018.
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.
The Gabelli Dividend & Income Trust Approves Monthly Cash Distributions for July, August, and September 2018, Payable on July 24, 2018, August 24, 2018, September 21, 2018, Respectively