Looking at the universe of stocks we cover at Dividend Channel, on 6/12/15, Gabelli Convertible and Income Securities Fund ( GCV) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 6/23/15. As a percentage of GCV's recent stock price of $5.99, this dividend works out to approximately 2.00%, so look for shares of Gabelli Convertible and Income Securities Fund to trade 2.00% lower — all else being equal — when GCV shares open for trading on 6/12/15.Below is a dividend history chart for GCV, showing historical dividends prior to the most recent $0.12 declared by Gabelli Convertible and Income Securities Fund: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GCV is likely to continue, and whether the current estimated yield of 8.01% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GCV shares, versus its 200 day moving average:
Looking at the chart above, GCV's low point in its 52 week range is $5.55 per share, with $6.76 as the 52 week high point — that compares with a last trade of $5.99.According to Preferred Stock Channel, there is a series of preferred stock that is senior to GCV, which trades under the symbol GCV.PRB — more info ». In Wednesday trading, Gabelli Convertible and Income Securities Fund shares are currently up about 1% on the day.