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0.00273972602739732 0.00273972602739732 0.00273972602739732 0.00273972602739732 0.00821917808219185 0.00684931506849325 0.00684931506849325 0.00684931506849325
Stock impact report

Gabelli Convertible and Income Securities Fund Declares Distribution of $0.12 per Share

Gabelli Convertible and Income Securities Fund, Inc. (The) (GCV) 
Company Research Source: GlobeNewswire
RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) declared a $0.12 per share cash distribution payable on March 21, 2024 to common stock shareholders of record on March 14, 2024. The Fund intends to pay a minimum annual distribution of 8% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies. The average net asset value of the Fund is based on the average net asset values as of the last day of the four preceding calendar quarters during the year. The net asset value per share fluctuates daily. Each quarter, the Board of Directors reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Directors will continue to monitor the Fund’s distribution level, taking into con Show less Read more
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