High Income Securities Fund (NYSE:PCF) to Issue Monthly Dividend of $0.06

High Income Securities Fund (NYSE:PCF) announced a monthly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Tuesday, October 22nd will be paid a dividend of 0.0622 per share by the financial services provider on Thursday, October 31st. This represents a $0.75 annualized dividend and a dividend yield of 11.01%. The ex-dividend date is Tuesday, October 22nd.

High Income Securities Fund Stock Performance

PCF opened at $6.78 on Monday. The business has a fifty day moving average of $6.73 and a 200 day moving average of $6.65. High Income Securities Fund has a 52-week low of $5.71 and a 52-week high of $7.00.

High Income Securities Fund Company Profile

High Income Securities Fund is a closed-ended balanced income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.