Flaherty&Crumrine Prfrd Sctsm Fd (NYSE:FFC) Receives Daily Coverage Optimism Score of 0.17
Press coverage about Flaherty&Crumrine Prfrd Sctsm Fd (NYSE:FFC) has trended somewhat positive on Friday, according to Accern. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Flaherty&Crumrine Prfrd Sctsm Fd earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.7832489229128 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Flaherty&Crumrine Prfrd Sctsm Fd (NYSE:FFC) opened at 20.64 on Friday. The company has a 50 day moving average of $21.46 and a 200-day moving average of $20.81. Flaherty&Crumrine Prfrd Sctsm Fd has a 52 week low of $18.18 and a 52 week high of $22.44.
The business also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 24th will be given a dividend of $0.119 per share. The ex-dividend date of this dividend is Tuesday, August 22nd. This represents a $1.43 dividend on an annualized basis and a yield of 6.92%.
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About Flaherty&Crumrine Prfrd Sctsm Fd
Flaherty & Crumrine Preferred Securities Income Fund Incorporated is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a portfolio of preferred securities, such as taxable preferred securities and preferred stocks.
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