Printer Friendly

TCW CONVERTIBLE SECURITIES FUND DECLARES DIVIDEND

 LOS ANGELES, Nov. 16 ~PRNewswire~ -- TCW Convertible Securities Fund Inc. (NYSE: CVT) announced that its board of directors has declared a regular quarterly dividend of $.21 per share. This will be the 18th quarterly payment at this rate since the $.84 annual distribution policy was adopted on June 15, 1988, and represents a cash yield of approximately 10 percent annually on the current market value of the company's shares.
 The dividend is payable on Jan. 15, 1993, to shareholders of record on Dec. 31, 1992.
 TCW Convertible Securities Fund Inc. is a closed-end Fund listed on the New York Stock Exchange. The Fund began operations in March 1987 and has net assets of approximately $209 million.
 -0- 11~16~92
 ~CONTACT: David K. Sandie of Trust Company of the West, 213-244-0196~
 (CVT)


CO: TCW Convertible Securites Fund Inc. ST: California IN: FIN SU: DIV

EH -- LA024 -- 1356 11~16~92 14:06 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 16, 1992
Words:153
Previous Article:'RAVEN' RATINGS SUCCESS GARNERS OFFER FOR 13 EPISODES
Next Article:CBL MEDICAL REDEEMS ALL OUTSTANDING WARRANTS
Topics:


Related Articles
TCW CONVERTIBLE SECURITIES FUND INC. DECLARES REGULAR QUARTERLY DIVIDEND
TCW CONVERTIBLE SECURITIES FUND INC. DECLARES DIVIDEND
TCW CONVERTIBLE SECURITIES FUND ANNOUNCES RECORD DATE OF JUNE 15 FOR PROPOSED RIGHTS OFFERING
TCW CONVERTIBLE SECURITIES FUND ANNOUNCES THAT ITS RIGHTS OFFERING IS FULLY SUBSCRIBED
TCW CONVERTIBLE SECURITIES FUND ANNOUNCES REGULAR QUARTERLY DIVIDEND
TCW DECLARES QUARTERLY DIVIDEND
TCW ANNOUNCES PROPOSED SUBSCRIPTION OFFER
TCW ANNOUNCES REGULAR QUARTERLY DIVIDEND
TCW CONVERTIBLE SECURITIES FUND DECLARES QUARTERLY DIVIDEND
TCW Convertible Securities Fund, Inc. Announcement

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters