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

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) announced a monthly dividend on Monday, April 22nd, Wall Street Journal reports. Stockholders of record on Wednesday, July 24th will be given a dividend of 0.088 per share by the financial services provider on Wednesday, July 31st. This represents a $1.06 dividend on an annualized basis and a dividend yield of 7.55%. The ex-dividend date of this dividend is Wednesday, July 24th.

Flaherty & Crumrine Preferred Securities Income Fund has decreased its dividend payment by an average of 3.6% annually over the last three years.

Flaherty & Crumrine Preferred Securities Income Fund Stock Performance

Shares of Flaherty & Crumrine Preferred Securities Income Fund stock opened at $13.98 on Tuesday. Flaherty & Crumrine Preferred Securities Income Fund has a 1 year low of $11.90 and a 1 year high of $14.96. The business has a 50 day moving average price of $14.48 and a 200 day moving average price of $13.87.

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.