<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0000807249-24-000142</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001589219</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Preferred Shares</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>11/26/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001260729</issuerCik>
        <issuerName>GABELLI DIVIDEND &amp; INCOME TRUST</issuerName>
        <issuerCusip>36242H856</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>ONE CORPORATE CENTER</com:street1>
          <com:city>RYE</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10580</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>MJG 1999 DESCENDANTS TRUST</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>MA</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>3500000.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>3500000.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>3500000.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>14.5</classPercent>
      <typeOfReportingPerson>IV</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>GABELLI DIVIDEND &amp; INCOME TRUST</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>ONE CORPORATE CENTER, RYE, NEW YORK, 10580.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>MJG 1999 Descendants Trust (the "Reporting Person")</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>One Corporate Center, Rye, N.Y. 10580</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Massachusetts</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>The aggregate number of Securities to which this Schedule 13G relates is 3,500,000 Preferred Shares.


</amountBeneficiallyOwned>
        <classPercent>This represents 14.48% of the 24,169,180 Preferred Shares outstanding as reported by the Issuer. </classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>The Reporting Person exercises in its sole discretion the entire voting power with respect to all shares of the Issuer held and to be held by the Reporting Person. </solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>None</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>The Reporting Person exercises in its sole discretion the entire dispositive power with respect to all shares of the Issuer held and to be held by the Reporting Person. </solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>None</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>MJG 1999 DESCENDANTS TRUST</reportingPersonName>
      <signatureDetails>
        <signature>John Gabelli</signature>
        <title>Trustee</title>
        <date>11/26/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
