The Gabelli Dividend & Income Trust Approves Monthly Distributions for April 2017, May 2017, and June 2017, Payable on April 21, 2017, May 23, 2017 and June 23, 2017 Respectively
February 23, 2017 at 05:07 pm
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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 April 2017, May 2017, and June 2017. The distribution for April 2017 will be payable on April 21, 2017 to common shareholders of record on April 13, 2017. The distribution for May 2017 will be payable on May 23, 2017 to common shareholders of record on May 16, 2017. The distribution for June 2017 will be payable on June 23, 2017 to common shareholders of record on June 16, 2017.
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 Distributions for April 2017, May 2017, and June 2017, Payable on April 21, 2017, May 23, 2017 and June 23, 2017 Respectively