Form N-23C-2 - Notice by closed-end investment companies of intent to purchase their own securities
May 24 2024 - 4:12PM
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)
Registrant's Telephone Number, including Area Code:
(914) 921-5070
____________
The undersigned registered closed-end investment
company hereby notifies the Securities and Exchange 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) Title
of the class of securities of The Gabelli Dividend & Income Trust (the “Fund”) to be redeemed:
Series B Auction Market
Cumulative Preferred Shares, par value $0.001 per share, liquidation preference of $25,000 per share (the “Series B Preferred Shares”)
(CUSIP #36242H302).
(2) The
date on which the securities are to be called or redeemed:
June 26, 2024.
(3) The
applicable provisions of the governing instrument pursuant to which the securities are to be called or redeemed:
The Series B Preferred
Shares are to be redeemed pursuant to and in accordance with Part I, Sections 3(a)(i) and 3(b) of the Fund’s Amended and Restated
Statement of Preferences of Series B Auction Market Preferred Shares.
(4) The
principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:
The Fund intends to redeem
100% (82 shares) of its outstanding Series B Preferred Shares at the redemption price of $25,000 per share, which equals the liquidation
preference of $25,000 per share. All shares of Series B 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 The Bank of New York Mellon, as paying agent for this redemption.
[Remainder of Page Left Blank]
SIGNATURE
Pursuant to the requirement
of Rule 23c-2 of the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed
on its behalf by the undersigned on this 24th day of May 2024.
| THE GABELLI DIVIDEND & INCOME TRUST |
| |
| By: |
/s/ John C. Ball |
| Name: |
John C. Ball |
| Title: |
President and Principal Executive Officer |
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