On 3/15/13, Gabelli Convertible & Income Securities Fund's Series B 6.00% Cumulative Preferred Stock (NYSE: GCV.PRB) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 3/26/13. As a percentage of GCV.PRB's recent share price of $25.67, this dividend works out to approximately 1.46%, so look for shares of GCV.PRB to trade 1.46% lower — all else being equal — when GCV.PRB shares open for trading on 3/15/13. On an annualized basis, the current yield is approximat...
Gabelli Convertible & Income Securities Fund's Series B Preferred Stock Goes Ex-Dividend Soon
Forbes - 13 Mar 2013 19:43
On 3/15/13, Gabelli Convertible & Income Securities Fund's Series B 6.00% Cumulative Preferred Stock (NYSE: GCV.PRB) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 3/26/13. As a percentage of GCV.PRB's recent share price of $25.67, this dividend works out to approximately 1.46%, so look for shares of GCV.PRB to trade 1.46% lower — all else being equal — when GCV.PRB shares open for trading on 3/15/13. On an annualized basis, the current yield is approximat...
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