The Gabelli Dividend & Income Trust Approves Monthly Cash Distributions, for January, February, and March 2018, Payable on January 24, 2018, February 21, 2018, and March 22, 2018 Respectively
November 17, 2017 at 11:20 am EST
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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 January, February, and March 2018. The distribution for January 2018 will be payable on January 24, 2018 to common shareholders of record on January 17, 2018. The distribution for February 2018 will be payable on February 21, 2018 to common shareholders of record on February 13, 2018. The distribution for March 2018 will be payable on March 22, 2018 to common shareholders of record on March 15, 2018.
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.
The Gabelli Dividend & Income Trust Approves Monthly Cash Distributions, for January, February, and March 2018, Payable on January 24, 2018, February 21, 2018, and March 22, 2018 Respectively