Gabelli Dividend & Income Trust

GDV

Market cap $2.4B

By now, it's glaringly obvious: AI is replacing workers. And it's boosting corporate bottom lines as it does.

RYE, N.Y., Aug. 21, 2025 (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 $0.14 per share for each of October, November, and December 2025.

I'm shifting focus to high-quality preferred stocks, especially GDV.PR.K and GDV.PR.H, as common stocks appear overvalued. GDV's preferred shares offer stable income, high credit ratings (Aa3 from Moody's), and strong risk-return balance for conservative investors. GDV is a well-managed closed-end fund with a strong performance record, outperforming both the S&P 500 and its peers.

Selling shares for income? You lose leverage in bad markets. The Income Method prioritizes getting paid through the course of our ownership of investments. We discuss our top picks for generating cash flow through both good and bad markets.

June saw strong tech-led gains, which helped to drive the broader equity indexes to new all-time highs. This was a continuation of what we saw last month, further bouncing off those lows we saw in April. With that said, I still do some buying every month to help compound and generate a growing stream of cash flow going forward.

Closed-end preferreds GDV.PR.K and GDV.PR.H stand out for their high credit ratings (Moody's Aa3) and stability, making them reliable fixed-income choices. GDV.PR.K trades below par, offers a 5.9% current yield and a 35.4% yield to call, with cumulative distributions and strong downside protection. Given their exceptional credit quality, tight spreads, and attractive yields, GDV preferreds are ideal for investors seeking stability, yield, and capital gains potential.

Still wondering if AI will replace human workers? Well, you can stop.

RYE, N.Y., May 14, 2025 (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 $0.14 per share for each of July, August, and September 2025.

GDV offers a rare combination of capital appreciation and consistent income with a 7.2% dividend yield and monthly distributions, making it attractive for income-focused investors. The fund's diversified portfolio, primarily in financial services, has shown resilience, with positive NAV growth and a recent 27% distribution increase. Despite market volatility, GDV has maintained strong performance, out-earning its distributions and recovering from 2022 lows, proving its long-term value proposition.

This month we got some increased market volatility, allowing me to put some of my cash pile to work in my closed-end fund portfolio. I also sold out of two positions, as they were starting to become on the more expensive side in terms of discounts/premiums. Adding to my positions regularly every month increases my cash flow annually, and even every month it grows.