Company: GDV-PK
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001133228-25-002931
Chunk: 20

Company: GABELLI DIVIDEND & INCOME TRUST
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 20
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 before the meeting.

The Nominating Committee believes
that the minimum qualifications for serving as a Trustee of the Fund are that the individual demonstrate, by significant accomplishment
in his or her field, an ability to make a meaningful contribution to the Board of Trustees’ oversight of the business and affairs
of the Fund and have an impeccable record and reputation for honest and ethical conduct in both his or her professional and personal
activities. In addition, the Nominating Committee examines a candidate’s specific experiences and skills, time availability in
light of other commitments, potential conflicts of interest, and independence from management and the Fund. The Fund has adopted specific
Trustee qualification requirements that can be found in the Fund’s governing documents and are applicable to all individuals who
may be nominated, elected, appointed, qualified or seated to serve as Trustees. The qualification requirements include: (i) age limits
(at least 21 years of age and such maximum age as the Trustees may in the future determine); (ii) prohibitions regarding any legal disability;
(iii) limits on service on other boards;(iv) restrictions on relationships with investment
advisers other than the Fund’s adviser; and (v) character and fitness requirements. Additionally, each Independent Trustee must not be an “interested person” of the Fund as defined underSection 2(a)(19)
of the 1940 Act and may not be or have certain relationships with a shareholder beneficially owning five percent or more of the Fund’s
outstanding shares or specified levels of interest in registered investment companies. The Fund’s By-Laws also provide that a majority
of the Trustees then in office may determine by resolution that a failure to satisfy a particular qualification requirement will not
present undue conflicts or impede the ability of the candidate to discharge the duties of a Trustee or the free flow of information among
Trustees or between the Fund’s adviser and the Board. Reference is made to the Fund’s governing documents for more details.

The Nominating Committee also considers
the overall composition of the Board, bearing in mind the benefits that may be derived from having members who have a variety of experiences,
qualifications, attributes, or skills useful in overseeing a publicly-traded, highly-regulated entity such as the Fund. The Nominating
Committee does not have a formal policy regarding the consideration of diversity in identifying trustee candidates. For a discussion of experiences,qualifications, attributes or skills supporting the appropriateness of each
Trustee’s service on the Fund’s Board