NYSE : GDV

The Gabelli Dividend & Income Trust — News

$29.76 USD

$0.02 (0.07%)

Volume
79.79K
Average Volume
114.72K
Market Capitalization
$2.6B
P/E Ratio
6.25
Dividend Yield
5.88%
Price Target
Year High
$30.16
Year Low
$25.80
Day High
Day Low
Payout Ratio
$0.35
Current Ratio
$0.14
Source Headline
GDV: Solid Equity Fund For Retired Income Investors

The Gabelli Dividend & Income Trust remains a hold, offering a 6.2% yield and trading at a 12.26% discount to NAV. GDV's distributions are well covered by earnings, but reliance on net realized gains limits capital appreciation and increases vulnerability in downturns. The fund's moderate leverage (14.35%) and sector allocations, especially to financials and software, can amplify downside risk amid market uncertainty.

seekingalpha.com - 2026-06-29 14:07:36

CEF Weekly Review: Proxy Adviser Calls Out Gabelli

We review the CEF market valuation and performance through the second week of May and highlight recent market action. CEF market showed mixed performance; equity sectors outperformed while MLP and Utility funds lagged, with discounts remaining weak despite NAV strength. Loan CEFs underperformed due to distribution cuts from Fed rate moves and AI disruption concerns, widening their discounts after prior expensive levels.

seekingalpha.com - 2026-05-16 09:13:58

Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.15 Per Share, Reaffirms Annualized Distribution of $1.80 Per Share

RYE, N. Y. , May 13, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Dividend and Income Trust (NYSE: GDV) (the "Fund") approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.

globenewswire.com - 2026-05-13 13:27:40

Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.15 Per Share, Reaffirms Annualized Distribution of $1.80 Per Share

RYE, N.Y., May 13, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.15 per share for each of July, August, and September 2026.

globenewswire.com - 2026-05-13 13:27:00

Gabelli Dividend & Income Trust Announces Adjournment of 2026 Annual Meeting Until June 29, 2026

RYE, N.Y., May 11, 2026 (GLOBE NEWSWIRE) -- The Gabelli Dividend & Income Trust (NYSE: GDV) (the “Fund”) announced today that its 2026 annual meeting of shareholders (the “Annual Meeting”) has been adjourned. The meeting will be reconvened at 8:00 a.m.

globenewswire.com - 2026-05-11 16:00:00

Leading Independent Proxy Advisor ISS Supports Saba's Case for Boardroom Change at Gabelli Dividend & Income Trust

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”), the second-largest common shareholder of Gabelli Dividend & Income Trust (NYSE: GDV) (“GDV” or the “Fund”), today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has recommended that GDV shareholders support the election of Saba's independent nominee, Andre Clemot, to the Fund's Board of Trustees at the 2026 Annual Meeting.

businesswire.com - 2026-05-04 09:00:00

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GDV Price Target Summary

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GDV Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade
2017-06-26 Stifel Downgrade Buy Hold
2017-06-26 Stifel Nicolaus Downgrade Buy Hold