DividendNov 11, 2026, 11:37 AM
Gabelli Convertible & Income Securities Fund Declares $0.12/Share Dividend
AI Summary
The Gabelli Convertible and Income Securities Fund Inc. (NYSE: GCV) announced that its Board of Directors has declared a cash distribution of $0.12 per share. This distribution will be paid on December 18, 2026, to common stock shareholders of record as of December 11, 2026. The Fund maintains a policy to pay a minimum annual distribution of 8% of its average net asset value, subject to review and potential modification by the Board. Shareholders will receive detailed information on the tax treatment of these distributions.
Key Highlights
- Gabelli Convertible & Income Securities Fund declared a $0.12 per share cash distribution.
- Distribution payable on December 18, 2026, to shareholders of record on December 11, 2026.
- Fund intends to pay a minimum annual distribution of 8% of average net asset value.
- Distribution policy is subject to modification by the Board of Directors.
- Estimated components of each distribution will be provided with the notice.
- Final determination of distribution sources for 2026 will be made after year-end.
Price Impact
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