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Gabelli Trust Increases Dividend Rate for Series M Shares

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The latest announcement is out from Gabelli Dividend & Income Trust ( (GDV) ).

On March 19, 2025, Gabelli Dividend & Income Trust announced an amendment to the Statement of Preferences for its Series M Cumulative Term Preferred Shares, increasing the dividend rate from 4.80% to 5.20% per annum, effective May 1, 2025. This adjustment reflects the company’s commitment to enhancing shareholder value and may influence investor interest and market positioning.

More about Gabelli Dividend & Income Trust

Average Trading Volume: 139,048

For an in-depth examination of GDV stock, go to TipRanks’ Stock Analysis page.

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