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GCV (GABELLI CONVERTIBLE &OME SECURITIES FUND) Forward Dividend Yield % : 12.19% (As of Dec. 13, 2024)


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What is GABELLI CONVERTIBLE &OME SECURITIES FUND Forward Dividend Yield %?

As of today (2024-12-13), the Forward Annual Dividend Yield of GABELLI CONVERTIBLE &OME SECURITIES FUND is 12.19%.

As of today (2024-12-13), the Trailing Annual Dividend Yield of GABELLI CONVERTIBLE &OME SECURITIES FUND is 12.19%.

GCV's Forward Dividend Yield % is ranked better than
88.3% of 1179 companies
in the Asset Management industry
Industry Median: 6.19 vs GCV: 12.19

GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividends per Share for the three months ended in Sep. 2024 was $0.00.

During the past 5 years, the average Dividends Per Share Growth Rate was 0.70% per year.

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.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of GABELLI CONVERTIBLE &OME SECURITIES FUND's Forward Dividend Yield %

For the Asset Management subindustry, GABELLI CONVERTIBLE &OME SECURITIES FUND's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GABELLI CONVERTIBLE &OME SECURITIES FUND's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where GABELLI CONVERTIBLE &OME SECURITIES FUND's Forward Dividend Yield % falls into.



GABELLI CONVERTIBLE &OME SECURITIES FUND Forward Dividend Yield % Calculation

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 0.1200002024-12-132024-12-132024-12-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002024-09-162024-09-162024-09-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002024-06-132024-06-132024-06-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002024-03-132024-03-142024-03-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002023-12-142023-12-152023-12-22Cash DividendquarterlyUSD: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 Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.48/3.9404
=12.18 %

Current Share Price is $3.9404.
GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividends per Share for the forward twelve months is calculated as $0.12 * 4 = $0.48.

GABELLI CONVERTIBLE &OME SECURITIES FUND's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.6/3.9404
=15.23 %

Current Share Price is $3.9404.
GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6.

* 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  (NYSE:GCV) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


GABELLI CONVERTIBLE &OME SECURITIES FUND Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of GABELLI CONVERTIBLE &OME SECURITIES FUND's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


GABELLI CONVERTIBLE &OME SECURITIES FUND Business Description

Traded in Other Exchanges
N/A
Address
One Corporate Center, Rye, NY, USA, 10580-1422
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.
Executives
Mario J Gabelli director, 10 percent owner, officer: Chairman 191 MASON STREET, GREENWICH CT 06830
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
John Birch director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Werner J Roeder director ONE CORPORATE CENTER, RYE NY 10580
Daniel Diss Harding director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Dugald A Fletcher director 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Thomas H Dinsmore director C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Joseph H Egan officer: Acting Treasurer ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019

GABELLI CONVERTIBLE &OME SECURITIES FUND Headlines

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