Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) Declares Monthly Dividend of $0.09

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) announced a monthly dividend on Monday, January 27th,Wall Street Journal reports. Investors of record on Wednesday, April 23rd will be given 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 is Wednesday, April 23rd.

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

Flaherty & Crumrine Preferred Securities Income Fund Stock Performance

Shares of NYSE FFC opened at $15.91 on Monday. The company has a 50 day simple moving average of $15.76 and a two-hundred day simple moving average of $15.75. Flaherty & Crumrine Preferred Securities Income Fund has a 12 month low of $13.72 and a 12 month high of $16.74.

About Flaherty & Crumrine Preferred Securities Income Fund

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.