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Gabelli Convertible & Income Securities (NYSE:GCV) announced a quarterly dividend on Thursday, August 21st, AmericanBankingNews.com reports. Stockholders of record on Tuesday, September 16th will be paid a dividend of 0.12 per share on Tuesday, September 23rd. This represents a $0.48 annualized dividend and a dividend yield of 7.77%.

Gabelli Convertible & Income Securities (NYSE:GCV) remained flat at $6.18 during trading on Thursday. 4,825 shares of the company’s stock traded hands. Gabelli Convertible & Income Securities has a 52-week low of $5.70 and a 52-week high of $6.76. The stock has a 50-day moving average of $6.17 and a 200-day moving average of $6.19.

The Gabelli Convertible and Income Securities Fund Inc (NYSE:GCV) is a diversified closed-end management investment company.

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