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

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) announced a monthly dividend on Monday, January 27th,Wall Street Journal reports. Stockholders 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 dividend yield of 6.99%. 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% annually over the last three years.

Flaherty & Crumrine Preferred Securities Income Fund Stock Down 0.4 %

FFC opened at $15.80 on Wednesday. Flaherty & Crumrine Preferred Securities Income Fund has a twelve month low of $13.72 and a twelve month high of $16.74. The company has a 50-day simple moving average of $15.76 and a 200 day simple moving average of $15.76.

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.