Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.14 per Share

Core Viewpoint - The Gabelli Dividend & Income Trust has approved the continuation of its fixed monthly cash distribution policy, declaring a distribution of $0.14 per share for July, August, and September 2025, while increasing the annual distribution by 27% to $1.68 per share [1][2]. Distribution Details - The distribution schedule is as follows: - July: Record Date - July 17, 2025; Payable Date - July 24, 2025; Distribution - $0.14 [2] - August: Record Date - August 15, 2025; Payable Date - August 22, 2025; Distribution - $0.14 [2] - September: Record Date - September 16, 2025; Payable Date - September 23, 2025; Distribution - $0.14 [2] Strategic Evaluation - The Board of Trustees is continuously evaluating potential strategic opportunities for the Fund, considering the current attractive environment for investing in broader equity markets [2]. Distribution Monitoring - The Board reviews potential distributions quarterly, taking into account the Fund's net asset value and financial market conditions. An adjusting distribution may be paid in December if necessary to meet minimum distribution requirements [3]. Tax Implications - Distributions may be treated as long-term capital gains or qualified dividend income, subject to federal income tax rates. Certain shareholders may also incur a 3.8% Medicare surcharge on net investment income [4]. Earnings and Return of Capital - If the Fund does not generate sufficient earnings to cover distributions, the excess amount may be considered a return of capital, which is generally not taxable and reduces the shareholder's cost basis [5]. Distribution Composition - For 2025, distributions to common shareholders are estimated to consist of approximately 13% from net investment income and 87% from net capital gains, with final determinations made after year-end [6]. Fund Overview - The Gabelli Dividend & Income Trust is a diversified, closed-end management investment company with total net assets of $3.0 billion, focusing on high total return with an emphasis on dividends and income [8].