Notice by Closed-end Investment Companies of Intention to Call or Redeem Their Own Securities (n-23c-2)
22 November 2019 - 7:28AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
NOTIFICATION OF REDEMPTION OF SECURITIES PURSUANT TO
RULE 23c-2 UNDER THE INVESTMENT COMPANY ACT OF 1940
Investment Company Act File No. 811-21423
THE GABELLI DIVIDEND & INCOME TRUST
(Name of Registrant)
One Corporate
Center
Rye, New York 10580-1422
(Address of Principal Executive Offices)
Registrants Telephone Number, including Area Code: (914) 921-5070
The undersigned registered closed-end investment company hereby notifies the Securities and Exchange
Commission (the Commission) that it intends to redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of
1940 (the Act), and states that it is filing this notice with the Commission at least 30 days prior to the date set for the redemption.
(1)
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Title of the class of securities of The Gabelli Dividend & Income Trust (the Fund) to
be redeemed:
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6.00% Series D Cumulative Preferred Shares, par value $0.001 per share, liquidation preference of $25.00 per share
(the Series D Preferred Shares) (CUSIP #: 36242H500).
(2)
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The date on which the securities are to be called or redeemed:
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The Series D Preferred Shares will be redeemed on December 26, 2019 (the Redemption Date).
(3)
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The applicable provisions of the governing instrument pursuant to which the securities are to be called or
redeemed:
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The Series D Preferred Shares are to be redeemed pursuant to Part II, Section 3(b) of the Funds Statement of
Preferences for the Funds Series D Cumulative Preferred Shares creating and fixing the rights of the Series D Preferred Shares, a form of which was filed with the Securities and Exchange Commission on November 2, 2005 as Exhibit
(D)(i) to Post-Effective Amendment No. 1 to the Funds Registration Statement on Form N-2.
(4)
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The principal amount or number of shares and the basis upon which the securities to be redeemed are to be
selected:
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The Fund intends to redeem 100% (1,271,148 shares) of its outstanding Series D Preferred Shares at the redemption price
of $25.00 per share (the Redemption Price), which equals the
liquidation preference of $25.00 per share. Series D Preferred shareholders of record on December 18, 2019 will receive the quarterly distribution of $0.375 per Series D Preferred share on
the payable date of December 26, 2019. Since the Redemption Date and the payable date for the quarterly distribution are both December 26, 2019, no accumulated, unpaid dividends will be included as a component of the Redemption Price. All
of the Series D Preferred Shares are held in book-entry form through the Depository Trust Company (DTC), and such shares being redeemed will be redeemed in accordance with the procedures of DTC. Payment by the Fund of the Redemption
Price will be made to Computershare Trust Company, N.A., as paying agent for this redemption.
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SIGNATURE
Pursuant to the requirement of Rule 23c-2 of the Investment Company Act of 1940, the Fund has duly
caused this Notification of Redemption of Securities to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Rye, and the State of New York, on the 21st day of
November, 2019.
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The Gabelli Dividend & Income Trust
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/s/ John C. Ball
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By:
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John C. Ball
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Title:
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Treasurer and Principal Financial
and Accounting Officer
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