Gabelli Dividend & Income Stock Price, News & Analysis

The Gabelli Dividend & Income Trust (NYSE:GDV) has confirmed a policy of fixed monthly cash distributions, declaring payments of $0.11 per share for April, May, and June 2023. Shareholders will receive these distributions on set record and payable dates. The Fund’s Board will review distribution amounts quarterly, considering the net asset value and financial market conditions. Any shortfall in earnings relative to distributions may be treated as a return of capital, potentially reducing shareholders' cost basis. The Fund manages approximately $2.6 billion in net assets, focusing on high total returns with an emphasis on dividends.

The Gabelli Dividend & Income Trust (NYSE:GDV) announced total distributions for 2022, amounting to $1.41 per share. This includes $1.32 from monthly distributions of $0.11 each, plus an additional cash distribution of $0.09 per share due to realized capital gains. The extra cash distribution is payable on January 6, 2023, to shareholders on record by December 30, 2022. The Fund, managed by Gabelli Funds, holds $2.5 billion in net assets and aims to provide high total returns, emphasizing dividends and income.

The Gabelli Dividend & Income Trust (NYSE:GDV) has declared a cash distribution of $0.11 per share for January, February, and March 2023. The record dates are January 17, February 13, and March 17, with payable dates set for January 24, February 21, and March 24, respectively. The Fund, with total net assets of $2.6 billion, aims to provide high total returns with a focus on dividends. The distribution policy is subject to review by the Board of Trustees, considering net asset value and market conditions.

The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) has confirmed the continuation of its monthly cash distributions, declaring $0.11 per share for October, November, and December 2022. Record and payable dates for the distributions are set for October 17 and 24, November 15 and 22, and December 9 and 16, respectively. The Fund's distribution policy is subject to review and potential adjustment, with the ability to meet minimum distribution requirements outlined by IRS regulations. The Fund emphasizes a high total return, primarily focusing on dividends and income.

The Gabelli Dividend & Income Trust (NYSE:GDV) has confirmed its commitment to fixed monthly cash distributions of $0.11 per share for July, August, and September 2022. The record and payable dates for these distributions are July 15 and 22, August 17 and 24, and September 16 and 23, respectively. The Board of Trustees will continuously monitor distribution levels based on the fund's net asset value and market conditions. Additionally, if necessary, an adjusting distribution may occur in December to meet Internal Revenue Code requirements.

The Gabelli Dividend & Income Trust (GDV) has announced its decision to maintain fixed monthly cash distributions of $0.11 per share for April, May, and June 2022. The record dates for these distributions are April 14, May 16, and June 15, 2022, with payable dates on April 22, May 23, and June 23, 2022, respectively. The Board of Trustees is also exploring strategic opportunities and will review the Fund's distribution policy quarterly, taking into account its net asset value and market conditions.

The Gabelli Dividend & Income Trust (NYSE:GDV) has authorized the redemption of all outstanding 5.25% Series G Cumulative Preferred Shares at a price of $25.127604 per share, which includes $25.00 plus $0.127604 in unpaid dividends. This redemption will take effect on January 31, 2022, after which these shares will no longer be considered outstanding, and dividend accumulation will cease. The shares are held in book-entry form and are rated 'Aa3' by Moody's, with a quarterly dividend rate of $1.3125. The Fund aims to provide a high level of total return with a focus on dividends.