If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC is 16, which seems too high.
Good Sign:
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC stock dividend yield is close to 10-year high.
During the past 5 years, the average Dividends Per Share Growth Rate was 0.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of GABELLI CONVERTIBLE &OME SECURITIES FUND was 61.50% per year. The lowest was 4.20% per year. And the median was 32.85% per year.
For more information regarding to dividend, please check our Dividend Page.
GABELLI CONVERTIBLE &OME SECURITIES FUND Dividends per Share Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
GABELLI CONVERTIBLE &OME SECURITIES FUND Dividends per Share Chart
GABELLI CONVERTIBLE &OME SECURITIES FUND Annual Data
Competitive Comparison of GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividends per Share
For the Asset Management subindustry, GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividend Yield % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividend Yield % falls into.
GABELLI CONVERTIBLE &OME SECURITIES FUND Dividends per Share Calculation
Dividends paid to per common share.
GABELLI CONVERTIBLE &OME SECURITIES FUND (NYSE:GCV) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividend Payout Ratio for the quarter that ended in Dec. 2022 is calculated as
During the past 7 years, the highest Dividend Payout Ratio of GABELLI CONVERTIBLE &OME SECURITIES FUND was 16.00. The lowest was 0.14. And the median was 0.34.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC is 16, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
GABELLI CONVERTIBLE &OME SECURITIES FUND Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.120
2024-03-13
2024-03-14
2024-03-21
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.120
2023-12-14
2023-12-15
2023-12-22
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.120
2023-09-14
2023-09-15
2023-09-22
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.120
2023-06-14
2023-06-15
2023-06-23
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividend Yield (%) for Today is calculated as
Current Share Price is $3.5285.
GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.48.
During the past 7 years, the highest Dividend Yield of GABELLI CONVERTIBLE &OME SECURITIES FUND was 14.86%. The lowest was 1.81%. And the median was 8.86%.
Good Sign:
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC stock dividend yield is close to 10-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
GABELLI CONVERTIBLE &OME SECURITIES FUND Dividends per Share Related Terms
Thank you for viewing the detailed overview of GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Business Description
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC is a diversified closed-end management investment company. Its investment objective is to seek a high level of total return through a combination of current income and capital appreciation by investing in convertible securities. The company invests in various portfolios such as Health Care, Financial Services, Energy and Utilities, Telecommunications, Food and Beverage, Aerospace and Automotive and others. All the operation of the group is operated through the regions of United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GCV has been successfully added to your 