Gave out benefit money on the day (5)

I believe the answer is:

doled

'gave out' is the definition.

'benefit money on the day' is the wordplay.
'benefit money' becomes 'dole'.
'on' is a charade indicator (letters next to each other).
'the day' becomes 'd'.
'dole'+'d'='DOLED'

(Another definition for doled that I've seen is " Given modest share".)

I've seen this clue in The Mirror.

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