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

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) announced a monthly dividend on Friday, July 19th, NASDAQ reports. Shareholders of record on Friday, August 23rd will be given a dividend of 0.0897 per share by the financial services provider on Friday, August 30th. This represents a $1.08 dividend on an annualized basis and a yield of 6.92%. The ex-dividend date of this dividend is Friday, August 23rd. This is a positive change from Flaherty & Crumrine Preferred Securities Income Fund’s previous monthly dividend of $0.09.

Flaherty & Crumrine Preferred Securities Income Fund has decreased its dividend by an average of 10.2% annually over the last three years.

Flaherty & Crumrine Preferred Securities Income Fund Trading Up 0.8 %

Shares of Flaherty & Crumrine Preferred Securities Income Fund stock traded up $0.13 on Wednesday, hitting $15.55. The company had a trading volume of 58,610 shares, compared to its average volume of 136,542. Flaherty & Crumrine Preferred Securities Income Fund has a 52 week low of $11.90 and a 52 week high of $15.55. The business has a 50-day simple moving average of $14.77 and a 200-day simple moving average of $14.57.

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.