PreferredStockChannel
Gabelli Dividend & Income Trust | 5.375% Series H Cumulative Preferred Shares (GDV.PRH)

Prospectus excerpt:  The Gabelli Dividend & Income Trust (the ìFundî) is offering shares of 5.375% Series H Cumulative Preferred Shares, par value $0.001 per share (the ìSeries H Preferred Sharesî). Investors in Series H Preferred Shares will be entitled to receive, when, as and if declared by, or under authority granted by, the Fundís Board of Trustees, out of funds legally available therefor, cumulative cash dividends and distributions at the rate of 5.375% per annum of the $25.00 per share liquidation preference on the Series H Preferred Shares. Dividends and distributions on Series H Preferred Shares will be payable quarterly on March 26, June 26, September 26 and December 26 in each year commencing on September 26, 2019. The Series H Preferred Shares will rank on parity with our current preferred and any future preferred shares and senior to our common shares with respect to dividend and distribution rights and rights upon our liquidation. The Series H Preferred Shares are redeemable at our option on or after June 7, 2024

Full Prospectus PDF », Secondary Prospectus PDF », GDV Page »

Series:H
Alternate symbology:GDV-H, GDV-PH, GDVprH
Redeemable?:Yes
Call Date:6/7/2024
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:2,000,000
Liquidation Preference:$25.00
Recent Market Price:$23.35
Discount to Liquidation Preference:
(More Preferreds Trading at a Discount »)
$-1.65 (-6.60%)
Annualized Dividend:1.343752
Recent Ex-Date:3/18/2024
Current Yield:5.75%
Original Coupon:5.375%
Pay Period:Quarterly
Pay Dates:26-Mar, 26-Jun, 26-Sep, 26-Dec
CDx3 Compliance Rating: Learn GDV.PRH's Rating
The Gabelli Dividend & Income Trust is registered as a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income.

Preferreds: GDV.PRA, GDV.PRD, GDV.PRG, GDV.PRH, GDV.PRK


Open the GDV Information Page »
Name: 
Gabelli Dividend & Income Trust
Website: 
www.gabelli.com
Sector: 
Investment Companies & Venture Capital
Number of ETFs Holding GDV: 
1 (see which ones)
Total Market Value Held by ETFs: 
$927,990
Total Market Capitalization: 
$2,007,000,000
% of Market Cap. Held by ETFs: 
0.05%

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