Gabelli Dividend & Income Trust Declares Distributions for July, August, and September 2019, Payable on July 24, 2019, August 23, 2019 and September 23, 2019 Respectively
May 16, 2019 at 01:15 pm 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 July, August, and September 2019. The distribution for July 2019 will be payable on July 24, 2019 to common shareholders of record on July 17, 2019. The distribution for August 2019 will be payable on August 23, 2019 to common shareholders of record on August 16, 2019. The distribution for September 2019 will be payable on September 23, 2019 to common shareholders of record on September 16, 2019.
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.
Gabelli Dividend & Income Trust Declares Distributions for July, August, and September 2019, Payable on July 24, 2019, August 23, 2019 and September 23, 2019 Respectively