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TCW CONVERTIBLE SECURITIES FUND INC. DECLARES DIVIDEND

 TCW CONVERTIBLE SECURITIES FUND INC. DECLARES DIVIDEND
 LOS ANGELES, May 6 /PRNewswire/ -- TCW Convertible Securities Fund


Inc. (NYSE: CVT) announced that its board of directors has declared the regular quarterly dividend of $.21 per share. This will be the 16th 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 July 10, 1992 to shareholders of record on June 30, 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 $171 million.
 -0- 5/6/92
 /CONTACT: David K. Sandie of Trust Co. of the West, 213-244-0196/
 (CVT) CO: TCW Convertible Securities Fund Inc. ST: California IN: SU: DIV


AL-KJ -- LA025 -- 7157 05/06/92 14:02 EDT
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Publication:PR Newswire
Date:May 6, 1992
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