RYE, N.Y.–(BUSINESS WIRE)–The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the "Fund") authorized the redemption of all remaining outstanding 5.875% Series A Cumulative Preferred Shares (the "Series A Preferred Shares"). The Series A Preferred Shares will be redeemed at $25.3631076 per share (the "Redemption Price"), which consists of $25.00 per share (the "Liquidation Preference") plus $0.3631076 per share representing accumulated and unpaid dividends and distributions to the redemption date of September 25, 2020 (the "Redemption Date").