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

Gabelli Convertible & Income Securities Fund Inc. (NYSE:GCV) announced a quarterly dividend on Wednesday, November 12th. Shareholders of record on Friday, December 12th will be paid a dividend of 0.12 per share by the investment management company on Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 11.4%. The ex-dividend date is Friday, December 12th.

Gabelli Convertible & Income Securities Fund Trading Down 1.3%

GCV opened at $4.22 on Thursday. The firm’s 50 day simple moving average is $4.22 and its two-hundred day simple moving average is $3.95. Gabelli Convertible & Income Securities Fund has a 1-year low of $3.01 and a 1-year high of $4.37.

About Gabelli Convertible & Income Securities Fund

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.