Gabelli Dividend & Income Trust Announces Partial Redemption of Its 5.875% Series A Cumulative Preferred Shares

Apr 07, 2020

The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV, Financial) (the “Fund”) authorized the redemption of one half (1,524,010 shares) of its outstanding 5.875% Series A Cumulative Preferred Shares (the “Series A Preferred”). The shares will be redeemed at $25.1631944 per Series A Preferred (the “Redemption Price”), which consists of $25.00 per Series A Preferred (the “Liquidation Preference”) plus $0.1631944 per Series A Preferred representing accumulated and unpaid dividends and distributions to the redemption date of May 6, 2020 (the “Redemption Date”).

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