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Gabelli Convertible and Income Securities Fund Inc (The) Stock Dividends Overview

GCV pays dividends quarterly. Last paid amount was $0.120 at Mar 21, 2024. As of today, dividend yield (TTM) is 12.52%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 12.52%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.120
Gabelli Convertible and Income Securities Fund Inc (The) has not yet announced its next dividend date. Last payment date was: Mar 21, 2024.

GCV Dividend Payout History

To ensure a understanding of GCV's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 13, 2024 Mar 13, 2024 Mar 21, 2024 $0.120 3.22%
2 Nov 16, 2023 Dec 14, 2023 Dec 22, 2023 $0.120 3.34%
3 Aug 25, 2023 Sep 14, 2023 Sep 22, 2023 $0.120 3.23%
4 May 18, 2023 Jun 14, 2023 Jun 23, 2023 $0.120 2.73%
5 Feb 17, 2023 Mar 16, 2023 Dec 14, 2018 $0.120 2.61%
6 Nov 11, 2022 Dec 08, 2022 Dec 16, 2022 $0.120 2.31%
7 Aug 22, 2022 Sep 15, 2022 Sep 23, 2022 $0.120 2.47%
8 May 17, 2022 Jun 14, 2022 Jun 23, 2022 $0.120 2.18%
9 Feb 10, 2022 Mar 16, 2022 Mar 24, 2022 $0.120 1.93%
10 Dec 22, 2021 Dec 29, 2021 Jan 06, 2022 $0.0300 0.453%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (2.36%)

Growth potential

Decrease likely (27.82%)

GCV Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from GCV dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GCV stock here.

Comparing GCV to Sector and Country

GCV pays a solid dividend yield of 12.52%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). GCV’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%).

GCV Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
GCV
Gabelli Convertible and Income Securities Fund Inc (The) 69.249M $0.120 12.52% 179.20%
PGP
Pimco Global Stocksplus & Income Fund 84.29M $0.0690 11.43% 587.23%
SWZ
Swiss Helvetia Fund Inc (The) 98.47M $0.129 6.31% 22.97%

FAQ

What factors can affect the amount of GCV's dividend payments?
The amount of GCV's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GCV sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GCV stock be automatically reinvested?
If GCV offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GCV stock.

How often does GCV pay dividend?
Gabelli Convertible and Income Securities Fund Inc (The) (GCV) pays dividends quarterly. The most recent payout was on Mar 21, 2024.

How much does GCV pays per share?
The last recorder (Mar 13, 2024) dividend per share was $0.120.

What is GCV dividend growth rate?
Over the last year, Gabelli Convertible and Income Securities Fund Inc (The) has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Gabelli Convertible and Income Securities Fund Inc (The) has maintained an average Dividends Per Share Growth Rate of 0%.
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About Gabelli Convertible and Income Securities Fund Inc (The)

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. It primarily invests in convertible securities and other debt and equity securities. The fund benchmarks the performance of its portfolio ... GCV Profile

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