Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) Declares — Dividend of $0.12

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) declared a — dividend on Thursday, December 12th,Wall Street Journal reports. Shareholders of record on Friday, January 24th will be given a dividend of 0.1245 per share by the financial services provider on Friday, January 31st. This represents a yield of 6.9%. The ex-dividend date of this dividend is Friday, January 24th. This is a positive change from Flaherty & Crumrine Preferred Securities Income Fund’s previous — dividend of $0.12.

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

Shares of NYSE:FFC opened at $15.92 on Friday. Flaherty & Crumrine Preferred Securities Income Fund has a 12-month low of $13.57 and a 12-month high of $16.74. The business has a 50 day moving average of $16.00 and a 200-day moving average of $15.49.

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.