GABELLI DIVIDEND & INCOME TRUST

The Gabelli Dividend & Income Trust's Board of Trustees approved the continuation of its fixed monthly cash distribution policy, declaring $0.15 per share for October, November, and December 2026. The Board will continue to monitor the distribution level and may pay an adjusting distribution in December. The distributions for 2026 are estimated to be approximately 7% from net investment income and 93% from net capital gains on a book basis.

The Board of Trustees of The Gabelli Dividend & Income Trust approved a 7% increase in its annual distribution, raising it to $1.80 per share, to be paid monthly at $0.15 per share. The Fund declared fixed monthly cash distributions of $0.15 per share for July, August, and September 2026. The Board continues to evaluate potential strategic opportunities and will monitor the distribution level, with an adjusting distribution possible in December to satisfy minimum distribution requirements.

The Gabelli Dividend & Income Trust announced the adjournment of its 2026 annual meeting of shareholders. The meeting will reconvene on June 29, 2026, at 8:00 a.m. ET, to allow for the solicitation of additional shareholder votes regarding Proposal 1(a), which concerns the election of three Trustees. The record date of March 12, 2026, remains unchanged, and shareholders who have already voted do not need to vote again unless they wish to change their vote.

Mario J. Gabelli, Trustee, Chairman, and Chief Investment Officer of Gabelli Dividend & Income Trust, was hospitalized on March 19, 2026, after a medical incident. His condition is improving, though his return timeline is undetermined. In response, GAMCO, the parent company of the Fund's adviser, implemented its succession plan on March 22, 2026, naming Christopher J. Marangi as President of GAMCO. Day-to-day operations will be led by co-CEO Douglas R. Jamieson and Christopher J. Marangi, with the Gabelli Value team co-CIOs leading portfolio management.