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TCW DECLARES QUARTERLY DIVIDEND

 LOS ANGELES, May 27 /PRNewswire/ -- TCW Convertible Securities Fund Inc. announced that its board of directors declared the regular quarterly dividend of $.21 per share. This will be the 20th quarterly payment at this rate since the $.84 annual distribution policy was adopted on June 15, 1988, and represents an annual cash yield of approximately 9 percent on the current market value of the company's shares.
 The dividend is payable on July 9, 1993, to shareholders of record on June 30, 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 $230 million.
 -0- 5/27/93
 /CONTACT: David K. Sandie, managing director and CFO of TCW, 213-244-0196/


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

LS-JL -- LA031 -- 3070 05/27/93 15:30 EDT
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Publication:PR Newswire
Date:May 27, 1993
Words:149
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