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GABELLI DIVIDEND & INCOME TRUST Director's Dealing 2003

Nov 26, 2003

31538_dirs_2003-11-26_afda123c-368e-400e-a10d-162718cdf3af.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GABELLI DIVIDEND & INCOME TRUST (GDV)
CIK: 0001260729
Period of Report: 2003-11-24

Reporting Person: GABELLI MARIO J (Director)
Reporting Person: GABELLI ASSET MANAGEMENT INC ET AL (Affiliated Party)
Reporting Person: GABELLI FUNDS LLC (Affiliated Party)
Reporting Person: GABELLI GROUP CAPITAL PARTNERS INC (Affiliated Party)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-11-24 Common Stock P 2356021 $19.1 Acquired 2356021 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 0 Direct
Common Stock 7184 Indirect

Footnotes

F1: The shares reported are the total shares owned by Gabelli Asset Management Inc. Mr. Gabelli and Gabelli Group Capital Partners, Inc. have less than a 100% interest in this entity and Gabelli Funds, LLC has no interest in this entity.

F2: These shares were purchased by Gabelli Funds, LLC, the issuer's investment adviser, in order to provide the issuer with seed capital. The shares reported reflect the total number of shares held by Gabelli Funds, LLC, which is greater than the other reporting persons' indirect pecuniary interest.