Gabelli Convertible and Income Securities Fund Reaffirms Its 8% Distribution Policy and Declares First Quarter Distribution of $0.12 Per Share
Gabelli Convertible and Income Securities Fund, Inc. (The) (GCV)
US:NYSE Investor Relations:
gabelli.com/template/cef-fund_obj.cfm?fund_code=407
Company Research
Source: Business Wire
RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) reaffirmed its 8% distribution policy and declared a $0.12 per share cash distribution payable on March 24, 2020 to common stock shareholders of record on March 17, 2020.The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Directors. Under the Fund’s current distribution policy, 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 p
Show less
Read more
Impact Snapshot
Event Time:
GCV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GCV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GCV alerts
High impacting Gabelli Convertible and Income Securities Fund, Inc. (The) news events
Weekly update
A roundup of the hottest topics
GCV
Sec Filings
- 10/16/24 - Form 4
- 10/1/24 - Form EFFECT
- 9/13/24 - Form N-2/A
- GCV's page on the SEC website