Delaware Investments® Dividend and Income Fund, Inc. announces distribution – QNT Press Release


Today, the Delaware Investment Dividend and Income Fund (“Fund”) is a closed-end fund listed on the New York Stock Exchange with the trading code “DDF” and announced a long-term capital gain distribution of $0.3659 Per share. The distribution includes 7.5% of the fund’s monthly distribution in accordance with the management distribution policy described below. The distribution will be paid on December 31, 2021 to shareholders of record at the close of business on December 23, 2021. The ex-dividend date is December 22, 2021.

This fund is a diversified closed-end fund. The main investment goal is to seek high liquidity returns; capital appreciation is a secondary goal. The Fund aims to achieve its goal by investing at least 65% of its total assets in income-generating equity securities under normal circumstances, including dividend-paying ordinary shares, convertible securities, preferred shares and other equity-related securities. This may include up to 25% of real estate investment trusts (REITs) and real estate industry operating companies. Up to 35% of the total assets of the fund can be invested in non-convertible debt securities mainly composed of high-yield, high-risk corporate bonds. In addition, the fund uses leverage technology to strive for higher returns for the fund. There is no guarantee that the Fund will achieve its investment objectives.

The fund has implemented a management distribution policy. According to this policy, the fund’s management objective is to generate as much distribution as possible from net investment income and short-term capital gains. The allocated balance will come from long-term capital gains and, if necessary, capital returns within the allowable range. A sort of…

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