Gabelli Dividend & Income Trust Announces the Offering of $150 Million of 4.25% Series K Cumulative Preferred Shares

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Oct 04, 2021

The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV, Financial) (the “Fund”) is pleased to announce the pricing of an offering of six million 4.25% Series K Cumulative Preferred Shares (“Series K Preferred”) with an aggregate liquidation value of $150 million. The offering is expected to close on Thursday, October 7, 2021, subject to customary closing conditions.