Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) to Issue Monthly Dividend of $0.09 on October 31st

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) declared a monthly dividend on Tuesday, July 23rd, Wall Street Journal reports. Stockholders of record on Thursday, October 24th will be given a dividend of 0.0897 per share by the financial services provider on Thursday, October 31st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 6.62%. The ex-dividend date is Thursday, October 24th.

Flaherty & Crumrine Preferred Securities Income Fund has decreased its dividend by an average of 10.2% per year over the last three years.

Flaherty & Crumrine Preferred Securities Income Fund Stock Performance

NYSE:FFC opened at $16.27 on Tuesday. The firm’s fifty day simple moving average is $16.08 and its 200 day simple moving average is $15.09. Flaherty & Crumrine Preferred Securities Income Fund has a twelve month low of $11.90 and a twelve month high of $16.74.

Flaherty & Crumrine Preferred Securities Income Fund Company Profile

Flaherty & Crumrine Preferred Securities Income Fund Inc is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.