Gabelli Dividend & Income Trust raises distribution by 27%, to $1.68 per share, starting January 2025.

The Gabelli Dividend & Income Trust (GDV) has increased its annual distribution by 27%, to $1.68 per share, with a new monthly distribution of $0.14 per share. The boost, effective starting January 2025, is due to the fund’s strong performance and $1.4 billion in unrealized gains. The distribution rate is subject to change and should not be considered a guaranteed yield or total return. The fund, with $3.1 billion in assets, focuses on dividends and income.

December 04, 2024
4 Articles

Further Reading