Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) to Issue Monthly Dividend of $0.09 on April 30th

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) announced a monthly dividend on Friday, January 24th,Wall Street Journal reports. Investors of record on Wednesday, April 23rd will be paid a dividend of 0.092 per share by the financial services provider on Wednesday, April 30th. This represents a $1.10 dividend on an annualized basis and a yield of 6.94%. The ex-dividend date of this dividend is Wednesday, April 23rd.

Flaherty & Crumrine Preferred Securities Income Fund has decreased its dividend payment by an average of 11.8% per year over the last three years.

Flaherty & Crumrine Preferred Securities Income Fund Stock Performance

NYSE FFC opened at $15.91 on Friday. The stock’s 50-day moving average is $15.76 and its two-hundred day moving average is $15.75. Flaherty & Crumrine Preferred Securities Income Fund has a fifty-two week low of $13.72 and a fifty-two week 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.