Gabelli Convertible and Income Securities Fund Dividend
Dividend criteria checks 2/6
Gabelli Convertible and Income Securities Fund is a dividend paying company with a current yield of 13.6%.
Key information
13.6%
Dividend yield
-70%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.031 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
GCV: More Interesting At Current Discount
Dec 12Gabelli Convertible & Income Securities Fund declares $0.12 dividend
Feb 17Gabelli Convertible & Income Securities Fund declares $0.12 dividend
Nov 11GCV: Expensive And Strong Alternatives Exist
Feb 10Gabelli Convertible & Income Securities Fund: An Attractive Higher Yield Convertible Fund
Oct 14Gabelli Convertible&Income Securities Fund declares $0.12 dividend
Nov 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GCV's dividend payments have been volatile in the past 10 years.
Growing Dividend: GCV's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Gabelli Convertible and Income Securities Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GCV) | 13.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (GCV) | n/a |
Notable Dividend: GCV's dividend (13.6%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: GCV's dividend (13.6%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: GCV is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (115.5%), GCV's dividend payments are not well covered by cash flows.