Gabelli Convertible & Income Securities Fund Inc. (NYSE:GCV) Plans Quarterly Dividend of $0.12

Gabelli Convertible & Income Securities Fund Inc. (NYSE:GCV) announced a quarterly dividend on Wednesday, August 12th. Investors of record on Wednesday, September 16th will be paid a dividend of 0.12 per share by the investment management company on Wednesday, September 23rd. This represents a c) annualized dividend and a yield of 10.1%. The ex-dividend date of this dividend is Wednesday, September 16th.

Gabelli Convertible & Income Securities Fund Trading Up 0.6%

NYSE GCV opened at $4.73 on Thursday. Gabelli Convertible & Income Securities Fund has a 52 week low of $3.91 and a 52 week high of $4.77. The firm has a 50 day moving average of $4.63 and a two-hundred day moving average of $4.52.

Gabelli Convertible & Income Securities Fund Company Profile

Gabelli Convertible & Income Securities Fund (NYSE: GCV) is a closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in convertible securities and other fixed-income instruments. The fund’s portfolio typically includes convertible corporate bonds, preferred stocks, and equities of companies that offer the potential for both income generation and price appreciation through embedded option features.

The fund pursues a strategy that combines credit analysis with equity valuation to identify convertible securities that offer attractive yields relative to their risk profiles.