Gabelli Dividend & Income Trust extends Series M preferred mandatory redemption to Dec. 26, 2028

Gabelli Dividend & Income Trust extended the mandatory redemption date for Series M Cumulative Term Preferred Shares to Dec. 26, 2028.

• Holders get optional put rights on June 26, 2027; Dec. 26, 2027; and June 26, 2028.
• A mandatory put applies on Dec. 26, 2026, unless holders opt out to continue holding through 2028.
• Authorized Series M Preferred Shares increased to 50 million, including 20 million newly designated shares effective Aug. 18, 2028.
• Series M Preferred Shares outstanding totaled 20,881,000; another 29,119,000 shares remain available for issuance.