Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.15 Per Share

Taxable-account individual shareholders will receive the components and tax treatment of 2026 distributions in early 2027.

Rhea-AI Summary

Gabelli Dividend & Income Trust (NYSE: GDV) declared monthly cash distributions of $0.15 per share for January, February, and March 2027. Payments are due January 22, February 19, and March 24 to shareholders of record January 14, February 11, and March 17, respectively.

The board continued its fixed monthly distribution policy. The annual distribution had been increased 7% to $1.80 per share, beginning with the January 2026 monthly distribution. Based on currently available accounting records, each 2026 distribution would include approximately 8% net investment income and 92% net capital gains on a book basis. These estimates are not tax-reporting information; final sources will be determined after year-end.

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• Moderate pointAnnual distribution increased 7% to $1.80 per share, beginning with the January 2026 monthly distribution.

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RYE, N.Y., Nov. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.15 per share for each of January, February, and March 2027.

The Board of Trustees increased the annual distribution 7% to $1.80 per share, which will be paid $0.15 per share monthly, commencing with the January 2026 monthly distribution.

Distribution Month	Record Date	Payable Date		Distribution Per Share
January	January 14, 2027	January 22, 2027		$0.15
February	February 11, 2027	February 19, 2027		$0.15
March	March 17, 2027	March 24, 2027		$0.15

Additionally, the Board of Trustees continues to evaluate potential strategic opportunities for the Fund in what we believe to be an attractive environment to invest in the broader equity markets.

Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. If necessary, the Fund will pay an adjusting distribution in December which includes any additional income and net realized capital gains in excess of the monthly distributions for that year to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies. The Fund’s distribution policy is subject to modification by the Board of Trustees at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.

All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income", which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.

If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.

Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2026 would include approximately 8% from net investment income and 92% from net capital gains on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2026 will be made after year end and can vary from the monthly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2026 distributions in early 2027 via Form 1099-DIV.

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:

Carter Austin
(914) 921-5475

About The Gabelli Dividend & Income Trust
The Gabelli Dividend & Income Trust is a diversified, closed-end management investment company with $3.4 billion in total net assets whose primary investment objective is to provide a high level of total return with an emphasis on dividends and income. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).

NYSE – GDV
CUSIP – 36242H104

Investor Relations Contact:
Carter Austin
(914) 921-5475
caustin@gabelli.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will GDV pay its January, February, and March 2027 distributions?

GDV will pay $0.15 per share on January 22, February 19, and March 24, 2027. The corresponding record dates are January 14, February 11, and March 17, 2027.

Could GDV distributions be treated as a return of capital?

Distributions exceeding the Fund’s earnings in a given year would be deemed a return of capital. That amount represents part of a shareholder’s original investment and is generally not taxable, but reduces the shareholder’s cost basis. The distribution rate should not be considered dividend yield or total investment return.

When will GDV shareholders receive final tax information for 2026 distributions?

Individual shareholders with taxable accounts will receive Form 1099-DIV in early 2027, showing the components and tax treatment of all 2026 distributions. Estimated distribution components are also provided in notices accompanying distributions and on the Fund’s website.