Gabelli to redeem some series E auction-rate preferreds on Nov. 15

By Sarah Lizee

Olympia, Wash., Oct. 16 – Gabelli Dividend & Income Trust said it will redeem about 18%, or 860 of 4,860 shares, of its outstanding series E auction-rate preferred shares.

The preferreds will be redeemed at $25,000 per share plus accumulated dividends and distributions through the redemption date of Nov. 15, according to a press release.

Gabelli is a Rye, N.Y.-based investment firm.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.