The Gabelli Convertible and Income Securities Fund Inc. (GCV) to Issue Quarterly Dividend of $0.12 on March 24th

The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCVGet Free Report) announced a quarterly dividend on Thursday, February 13th, NASDAQ Dividends reports. Shareholders of record on Monday, March 17th will be paid a dividend of 0.12 per share by the investment management company on Monday, March 24th. This represents a $0.48 dividend on an annualized basis and a yield of 12.38%. The ex-dividend date is Monday, March 17th.

The Gabelli Convertible and Income Securities Fund has decreased its dividend by an average of 20.2% annually over the last three years.

The Gabelli Convertible and Income Securities Fund Price Performance

Shares of NYSE:GCV opened at $3.88 on Friday. The Gabelli Convertible and Income Securities Fund has a 12-month low of $3.35 and a 12-month high of $4.34. The stock’s 50-day moving average price is $3.87 and its two-hundred day moving average price is $3.86.

The Gabelli Convertible and Income Securities Fund Company Profile

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The Gabelli Convertible and Income Securities Fund Inc is a closed-ended balanced mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in public equity and fixed income markets. The fund seeks to invest in stocks of companies operating across diversified sectors.

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Dividend History for The Gabelli Convertible and Income Securities Fund (NYSE:GCV)

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