The Gabelli Dividend & Income Trust
GDVFinancial Services · Asset Management · Stock · monthly payer
Forward Yield
6.32%
Annual Dividend
$1.74
Payout Ratio
32%
5-Yr Growth
4.9%
Ex-Date
Oct 16, 2026
Frequency
Monthly
Key facts about GDV's dividend
Data as of · Source: SmarterDividends data
- As of Oct 14, 2026, The Gabelli Dividend & Income Trust (GDV) has a forward dividend yield of 6.32%, based on an annual dividend of $1.74 per share and a share price of $28.50.
- As of Oct 14, 2026, GDV's dividend safety grade from SmarterDividends is A (88 out of 100), which rates the dividend as very safe.
- GDV last cut its regular dividend in 2010.
- GDV's next ex-dividend date is Oct 16, 2026, with payment on Oct 23, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 14, 2026, GDV pays out 32% of its trailing 12-month earnings as dividends (its payout ratio).
- GDV's dividend has grown at an average rate of 4.9% a year over the past five years.
- As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for GDV is $59.06 per share, 107% above the $28.50 share price, so GDV screens as undervalued.
- The Gabelli Dividend & Income Trust (GDV) pays its dividend monthly, 12 times a year.
Cite this page
SmarterDividends, "GDV Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/GDV
Summary
As of Oct 14, 2026, The Gabelli Dividend & Income Trust (GDV) yields 6.32% ($1.74 a year per share) and has a dividend safety grade of A (88/100).
Is GDV a good dividend stock?
YesThe Gabelli Dividend & Income Trust (GDV) pays a monthly dividend yielding 6.32% ($1.74/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (32%)
- Top-tier dividend safety score
Risks
- Cut its dividend in 2010
Key Data
- Dividend Yield
- 6.32%
- Payout Ratio
- 32%
- Annual Dividend
- $1.74
- 5-Yr Avg Growth
- 4.9%
- Ex-Dividend Date
- Oct 16, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 1.01
- Market Cap
- $2.5B
- P/E Ratio
- 5.2
- 5-Yr Total Return
- 7%
- 52-Week Range
- $26.14 – $31.00
- Dividend Safety
- A · 88/100
- Ever Cut?
- Yes (2010)
Frequently Asked Questions
Is GDV a good dividend stock?
Yes. The Gabelli Dividend & Income Trust (GDV) pays a monthly dividend yielding 6.32% ($1.74/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is GDV undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GDV's fair value is about $59.06 versus a $28.50 share price — so it looks undervalued (+107% vs. fair value).
Is GDV's dividend safe?
GDV has a dividend-safety grade of A (88/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2010, debt and yield-versus-history.
What is GDV's fair value?
Our blended fair-value estimate for GDV is about $59.06 per share, roughly 107% above the current $28.50 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is GDV a buy, hold, or sell?
We don't issue formal ratings, but on the data GDV screens as "yes" and undervalued. The Gabelli Dividend & Income Trust (GDV) pays a monthly dividend yielding 6.32% ($1.74/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will GDV cut its dividend?
GDV earns a dividend-safety grade of A (88/100), and has cut its dividend before (last in 2010). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does GDV pay a dividend?
Yes. The Gabelli Dividend & Income Trust pays a monthly dividend of about $1.74 per share annually, a forward yield of roughly 6.32%.
What is GDV's dividend yield?
As of Oct 14, 2026, GDV's forward dividend yield is 6.32%, based on a $1.74 annual dividend and a $28.50 share price.
What is GDV's dividend per share?
As of Oct 14, 2026, GDV pays $1.74 per share per year, distributed on a monthly basis.
What is GDV's dividend payout ratio?
As of Oct 14, 2026, GDV's payout ratio is 32% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has GDV grown its dividend?
As of Oct 14, 2026, GDV has increased its dividend for 1 consecutive years.
When is the next GDV ex-dividend date?
As of Oct 14, 2026, the next ex-dividend date on record for GDV is Oct 16, 2026.
GDV Price — Last 12 Months
Daily close
Price Return
1 Year
+5%
3 Years
+54%
5 Years
+7%
52-Week Range
$26.14 – $31.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GDV worth?
Undervaluedlow confidenceOur blended fair-value estimate for The Gabelli Dividend & Income Trust is $59.06 per share, versus a market price of $28.50. That implies 107% of upside — a margin of safety of about 52%.
Fair Value
$59.06
Current Price
$28.50
Upside
+107%
Margin of Safety
52%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 9.3% discount rate (CAPM), 4.9% growth for five years fading to 2.5% over the next five, $5.51 EPS, $1.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GDV Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full GDV dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 16, 2026 | Sep 23, 2026 | $0.1500 | regular |
| Aug 17, 2026 | Aug 24, 2026 | $0.1500 | regular |
| Jul 17, 2026 | Jul 24, 2026 | $0.1500 | regular |
| Jun 15, 2026 | Jun 23, 2026 | $0.1500 | regular |
| May 14, 2026 | May 21, 2026 | $0.1500 | regular |
| Apr 16, 2026 | Apr 23, 2026 | $0.1500 | regular |
| Mar 17, 2026 | Mar 24, 2026 | $0.1500 | regular |
| Feb 12, 2026 | Feb 20, 2026 | $0.1500 | regular |
| Jan 15, 2026 | Jan 23, 2026 | $0.1500 | regular |
| Dec 12, 2025 | Dec 19, 2025 | $0.1400 | regular |
| Nov 13, 2025 | Nov 20, 2025 | $0.1400 | regular |
| Oct 17, 2025 | Oct 24, 2025 | $0.1400 | regular |
| Sep 16, 2025 | Sep 23, 2025 | $0.1400 | regular |
| Aug 15, 2025 | Aug 22, 2025 | $0.1400 | regular |
Income Calculator
At $1.74 / yr per share
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