The Gabelli Convertible and Income Securities Fund Inc.
GCVFinancial Services · Stock · quarterly payer
$4.72
Add to PortfolioForward Yield
10.18%
Annual Dividend
$0.48
Payout Ratio
44%
5-Yr Growth
0.0%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
GCV Dividend Safety Score
69/ 100
Grade B
Safe
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage44% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is GCV a good dividend stock?
Yes, with caveatsThe Gabelli Convertible and Income Securities Fund Inc. (GCV) pays a quarterly dividend yielding 10.18% ($0.48/yr), with 16 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 16 consecutive years of dividend growth
- Comfortable payout ratio (44%)
Risks
- Cut its dividend in 2021
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 10.18%
- Payout Ratio
- 44%
- Annual Dividend
- $0.48
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 0.79
- Market Cap
- $94.5M
- P/E Ratio
- 4.4
- 5-Yr Total Return
- -29%
- 52-Week Range
- $3.66 – $4.77
- Dividend Safety
- B · 69/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 17, 2026 | — | $0.1200 | regular |
| Dec 12, 2025 | — | $0.1200 | regular |
| Sep 16, 2025 | — | $0.1200 | regular |
| Jun 13, 2025 | — | $0.1200 | regular |
| Mar 17, 2025 | — | $0.1200 | regular |
| Dec 13, 2024 | — | $0.1200 | regular |
| Sep 16, 2024 | — | $0.1200 | regular |
| Jun 13, 2024 | — | $0.1200 | regular |
| Mar 13, 2024 | — | $0.1200 | regular |
| Dec 14, 2023 | — | $0.1200 | regular |
| Sep 14, 2023 | — | $0.1200 | regular |
| Jun 14, 2023 | — | $0.1200 | regular |
| Mar 16, 2023 | — | $0.1200 | regular |
| Dec 8, 2022 | — | $0.1200 | regular |
Income Calculator
At $0.48 / yr per share
Per payment (quarterly)$12.00
Annual$48.00
Monthly avg$4.00
