Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) To Go Ex-Dividend on February 20th

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) declared a monthly dividend on Friday, January 23rd. Shareholders of record on Friday, February 20th will be paid a dividend of 0.1005 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Friday, February 20th.

Flaherty & Crumrine Preferred Securities Income Fund Stock Performance

FFC stock traded up $0.01 during midday trading on Wednesday, reaching $16.92. The company’s stock had a trading volume of 20,931 shares, compared to its average volume of 94,872. The stock has a fifty day simple moving average of $16.63 and a two-hundred day simple moving average of $16.59. Flaherty & Crumrine Preferred Securities Income Fund has a 1 year low of $14.20 and a 1 year high of $17.00.

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.