Welcome to our dedicated page for Gabelli Dividend & Income news (Ticker: GDV), a resource for investors and traders seeking the latest updates and insights on Gabelli Dividend & Income stock.
The Gabelli Dividend & Income Trust (NYSE: GDV) is a diversified, closed-end management investment company focused on generating a high level of total return with an emphasis on dividends and income. News about GDV frequently centers on its distribution policy, portfolio positioning, and capital structure decisions, reflecting the fund’s role as an income-oriented vehicle managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc.
Visitors to this page can review announcements from the fund’s Board of Trustees regarding fixed monthly cash distributions to common shareholders. These updates often include details on per-share distribution amounts for specific months, record dates, payable dates, and any changes to the annual distribution rate. The fund’s communications also describe how distributions may be composed of net investment income, net realized capital gains, and return of capital, along with reminders that the distribution rate should not be viewed as the fund’s total return.
GDV news also covers broader strategic and capital structure developments. Examples include Board approvals of increases in the annual distribution, the use and expansion of Series M Cumulative Term Preferred Shares, and the approval of a spin-off of the Gabelli Preferred Securities Trust, a newly created closed-end fund focusing on preferred securities. These items provide insight into how the fund’s trustees evaluate market conditions, portfolio unrealized gains, and opportunities across the capital structure.
Because The Gabelli Dividend & Income Trust is listed on the New York Stock Exchange and files reports with the SEC, news may also reference material events disclosed in Form 8-K filings, such as amendments related to preferred share terms or information about shareholder meetings. Investors and researchers can use this news feed to follow GDV’s distribution announcements, structural changes, and other official communications over time.
Gabelli Dividend & Income Trust (NYSE:GDV) declared cash distributions of $0.15 per share for April, May and June 2026 and reaffirmed an annualized distribution of $1.80 per share (a 7% increase), paid monthly beginning January 2026.
The Board will continue to review distribution levels quarterly and may pay an adjusting December distribution to satisfy RIC requirements; tax-treatment estimates for 2026 show approximately 4% net investment income and 96% net capital gains on a book basis.
Gabelli Dividend & Income Trust (NYSE:GDV) increased its annual distribution to $1.80 per share, to be paid as $0.15 per share monthly beginning with the January 2026 distribution. The $0.15 monthly rate is a 36% increase from the $0.11 monthly rate in 2024 and follows a 16% year-to-date NAV total return.
The Board declared $0.15 distributions for January, February, and March 2026 with record and payable dates listed for each month. The Board may pay an adjusting December distribution to satisfy RIC minimum distribution requirements and will continue to review distribution levels based on NAV and market conditions.
Estimated 2025 distribution composition on the Fund's books is ~19% net investment income and ~81% net capital gains; tax characterizations will be finalized after year end and reported on Form 1099-DIV.
Gabelli Dividend & Income Trust (NYSE:GDV) has announced the continuation of its monthly distribution policy, declaring cash distributions of $0.14 per share for October, November, and December 2025. The Board of Trustees has increased the annual distribution by 27% to $1.68 per share, paid monthly at $0.14 per share, effective from January 2025.
The Fund's 2025 distributions composition is approximately 16% from net investment income, 62% from net capital gains, and 22% return of capital. The Board continues to evaluate strategic opportunities in the current equity market environment and monitors distribution levels considering the Fund's net asset value and market conditions.
The Board continues to evaluate strategic opportunities in the current equity market environment and will monitor the Fund's distribution level considering market conditions and net asset value.
Gabelli Dividend & Income Trust (NYSE: GDV) has announced plans to spin off a new closed-end fund called Gabelli Preferred Securities Trust (GPS). The new fund will focus on preferred securities, with GDV contributing approximately $150 million in cash and/or securities. GPS shares will be distributed pro rata to GDV common shareholders and will seek listing on the NYSE.
The new fund is expected to utilize leverage, with the amount yet to be determined. GDV's distribution policy will remain unchanged, while GPS's distribution rate will be determined at spin-off. The transaction requires both shareholder and regulatory approvals, with specific details about cash/securities contribution, share distribution, and record dates to be announced later.
Gabelli Dividend & Income Trust (NYSE:GDV) has announced the continuation of its fixed monthly cash distributions policy. The Board of Trustees declared distributions of $0.14 per share for April, May, and June 2025. This represents a 27% increase in annual distribution to $1.68 per share, effective from January 2025.
The distributions will be paid on April 23, May 22, and June 23, 2025, respectively. Based on current accounting records, the 2025 distributions comprise approximately 3% from net investment income, 4% from net capital gains, and 93% return of capital. The Board continues to evaluate strategic opportunities in the equity markets and monitors the Fund's distribution level considering market conditions and net asset value.
The Gabelli Dividend & Income Trust (NYSE: GDV) has announced a significant 27% increase in its annual distribution from $1.32 to $1.68 per share. The monthly distribution rate will increase to $0.14 from $0.11 per share. This decision by the Board of Trustees comes following the Fund's performance and its $1.4 billion in portfolio unrealized gains.
The enhanced monthly distributions will begin in the first quarter of 2025, with payments scheduled for January 24, February 21, and March 24, 2025. The Fund notes that its distribution policy may be modified by the Board of Trustees, and the distribution rate should not be considered as the dividend yield or total return on investment.
Gabelli Dividend & Income Trust (NYSE:GDV) has announced the continuation of its fixed monthly cash distributions policy. The Board of Trustees declared distributions of $0.11 per share for January, February, and March 2025. The distributions will be paid on January 24, February 21, and March 24, 2025, respectively. Based on current accounting records, the 2024 distributions comprise approximately 14% from net investment income and 86% from net capital gains on a book basis.
Gabelli Dividend & Income Trust (NYSE: GDV) has announced that GAMCO Investors and its affiliates have purchased $107 million of the Fund's Series M Cumulative Preferred Shares. The Series M Preferred carries a 4.80% dividend rate and has specific features:
- Puttable/callable in December 2025
- Mandatory redemption in December 2026
This investment by GAMCO Investors, a significant player in the financial sector, demonstrates confidence in the Fund's performance and strategy. Investors are advised to carefully consider the Fund's investment objectives, risks, charges, and expenses before making investment decisions.
The Gabelli Dividend & Income Trust (NYSE:GDV) has announced the continuation of its fixed monthly cash distributions policy. The Board of Trustees declared $0.11 per share distributions for October, November, and December 2024. The Board is also evaluating strategic opportunities in the current attractive equity market environment.
Key points:
- Distribution dates: October 24, November 21, and December 20, 2024
- Record dates: October 17, November 14, and December 13, 2024
- 2024 distributions: Approximately 14% from net investment income, 86% from net capital gains
- The Fund's distribution policy is subject to modification
- Shareholders will receive Form 1099-DIV for tax reporting in early 2025
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