August 25 2020 -- The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) authorized the redemption of all remaining outstanding 5.875% Series A Cumulative Preferred Shares (the “Series A Preferred Shares”). The Series A Preferred Shares will be redeemed at $25.3631076 per share, which consists of $25.00 per share (the “Liquidation Preference”) plus $0.3631076 per share representing accumulated and unpaid dividends and distributions to the redemption date of September 25, 2020. April 6, 2020 -- The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (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”).

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Gabelli Dividend & Income Trust, 5.875% Series A Cumulative Preferred Shares, liquidation preference $25 per share, redeemable at the issuer's option on or after 10/12/2009 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Distributions of 5.875% ($1.46875) per annum paid quarterly on 3/26, 6/26, 9/26 & 12/26 to holders of record on the fifth business day prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). Dividends paid by preferreds issued by closed-end funds can be 0% to 100% eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and can also be 0% to 100% eligible for the dividends received deduction for corporate holders (see page 71 of the prospectus for further information). In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	5.88% $1.47	$25.00 $25.00	Called for 9/25/2020 None	Aa3 NF 4/09/2020	3/26, 6/26, 9/26 & 12/26 Click for MW ExDiv Date Click for Yahoo ExDiv Date	Variable

Company's Online Information Links

HOME PAGE:     http://www.gabelli.com/Template/closed/index.cfm
ETF Fund's Information	Go to Fund Information
ETF Funds's Online News Releases	Go to News Releases
Online ETF Fund Profile	Go to Online Profile

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

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Company's Email Address Links

Inv Rel Email Address	closedend@gabelli.com
General Email Address	info@gabelli.com
Email Contact Form on Website	Go to Email Form

Address and Phone Numbers

Address:   One Corporate Center, Rye, NY 10580
Main Phone Number	914-921-5100
Fax Number	914-921-5392
Shareholder Services	800-336-6983
Toll Free Phone Number	800-422-3554