Gabelli Convertbl and Incm Scrts Fnd Inc (GCV) Insider Mario J. Gabelli Sells 5,000 Shares of Stock
Gabelli Convertbl and Incm Scrts Fnd Inc (NYSE:GCV) insider Mario J. Gabelli sold 5,000 shares of the company’s stock in a transaction on Wednesday, October 10th. The stock was sold at an average price of $5.75, for a total value of $28,750.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
GCV stock remained flat at $$5.44 on Friday. The company had a trading volume of 28,857 shares, compared to its average volume of 28,633. Gabelli Convertbl and Incm Scrts Fnd Inc has a 52-week low of $5.39 and a 52-week high of $6.95.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 21st. Investors of record on Friday, September 14th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 8.83%. The ex-dividend date of this dividend was Thursday, September 13th.
Gabelli Convertbl and Incm Scrts Fnd Company Profile
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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