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TCW CONVERTIBLE SECURITIES FUND ANNOUNCES REGULAR QUARTERLY DIVIDEND

 LOS ANGELES, Feb. 19 /PRNewswire/ -- TCW Convertible Securities Fund Inc. (NYSE: CVT) announced that its board of directors declared the regular quarterly dividend of $.21 per share. This will be the 19th quarterly payment at this rate since the $.84 annual distribution policy was adopted on June 15, 1988, and represents a cash yield of approximately 9 percent annually on the current market value of the company's shares.
 The dividend is payable on April 16, 1993, to shareholders of record on March 31, 1993.
 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 $219 million.
 -0- 2/19/93
 /CONTACT: David K. Sandie, senior VP and CFO of TCW, 213-244-0196/
 (CVT)


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

LS-JB -- LA039 -- 8618 02/19/93 19:35 EST
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Publication:PR Newswire
Date:Feb 19, 1993
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