Gabelli Dividend & Income Trust Continues Monthly Distributions
August 19, 2021 at 08:25 am EDT
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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 2021 with the record dates October 15, 2021, November 15, 2021 and December 10, 2021 and payments dates are October 22, 2021, November 22, 2021 and December 17, 2021 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.