GCV (GABELLI CONVERTIBLE &OME SECURITIES FUND) Dividend Yield % : 12.18% (As of Dec. 15, 2024)

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

As of today (2024-12-15), the Trailing Annual Dividend Yield of GABELLI CONVERTIBLE &OME SECURITIES FUND is 12.18%.

The historical rank and industry rank for GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividend Yield % or its related term are showing as below:

GCV' s Dividend Yield % Range Over the Past 10 Years
Min: 8.61 Med: 10 Max: 16.17
Current: 12.18

During the past 7 years, the highest Dividend Yield of GABELLI CONVERTIBLE &OME SECURITIES FUND was 16.17%. The lowest was 8.61%. And the median was 10.00%.

GCV's Dividend Yield % is ranked better than
91.05% of 1184 companies
in the Asset Management industry
Industry Median: 5.76 vs GCV: 12.18

GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

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 1.33, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of GABELLI CONVERTIBLE &OME SECURITIES FUND was 4.42. The lowest was 0.14. And the median was 0.34.

As of today (2024-12-15), the Forward Dividend Yield % of GABELLI CONVERTIBLE &OME SECURITIES FUND is 12.18%.

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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

GABELLI CONVERTIBLE &OME SECURITIES FUND Dividend Yield % Historical Data

The historical data trend for GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividend Yield % can be seen below:

* 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 Dividend Yield % Chart

GABELLI CONVERTIBLE &OME SECURITIES FUND Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Sep24

Dividend Yield %

Get a 7-Day Free Trial

8.21

7.68

7.70

10.00

13.08

GABELLI CONVERTIBLE &OME SECURITIES FUND Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Sep23	Mar24	Sep24
Dividend Yield %	Get a 7-Day Free Trial										10.00	10.81	12.80	12.94	13.08

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

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 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 0.120000	2024-12-13	2024-12-13	2024-12-20	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.120000	2024-09-16	2024-09-16	2024-09-23	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.120000	2024-06-13	2024-06-13	2024-06-21	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.120000	2024-03-13	2024-03-14	2024-03-21	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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.48	/	3.94
	=	12.18 %

Current Share Price is $3.94.
GABELLI CONVERTIBLE &OME SECURITIES FUND's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.48.

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	/	3.94
	=	12.18 %

Current Share Price is $3.94.
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 (NYSE:GCV) 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 Dividend Yield % Related Terms

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

GABELLI CONVERTIBLE &OME SECURITIES FUND Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC (NYSE:GCV) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

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