Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) to Issue Monthly Dividend of $0.10 on January 30th

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) declared a monthly dividend on Thursday, December 11th. Stockholders of record on Friday, January 23rd will be given a dividend of 0.1005 per share by the financial services provider on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Friday, January 23rd.

Flaherty & Crumrine Preferred Securities Income Fund Stock Performance

FFC opened at $16.51 on Wednesday. Flaherty & Crumrine Preferred Securities Income Fund has a twelve month low of $14.20 and a twelve month high of $17.00. The firm’s 50-day moving average price is $16.56 and its 200 day moving average price is $16.54.

Flaherty & Crumrine Preferred Securities Income Fund Company Profile

Flaherty & Crumrine Preferred Securities Income Fund (NYSE:FFC) is a closed-end management investment company that seeks to provide investors with high current income as its primary investment objective. Launched in 1995, the fund pursues this goal by investing primarily in preferred securities, including U.S. and non-U.S. preferred stocks, trust preferred securities, and certain convertible and hybrid instruments. The fund’s diversified portfolio typically spans corporate, financial and utility sectors, with a focus on instruments that offer attractive dividend yields.

In constructing its portfolio, FFC may employ leverage to enhance income generation and diversify across credit qualities and maturities.