The Gabelli Dividend & Income Trust Declares Cash Distributions for Each of January, February, and March 2021, Payable on January 22, 2021, February 19, 2021 and March 24, 2021 Respectively
November 13, 2020 at 09:00 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 2021. Record dates are January 14, 2021, February 11, 2021 and March 17, 2021 for January, February and March respectively. Payable dates are January 22, 2021, February 19, 2021 and March 24, 2021 for January, February and March respectively.
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 Declares Cash Distributions for Each of January, February, and March 2021, Payable on January 22, 2021, February 19, 2021 and March 24, 2021 Respectively