Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) To Go Ex-Dividend on March 24th

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) declared a monthly dividend on Friday, January 23rd. Investors of record on Tuesday, March 24th will be given a dividend of 0.1005 per share by the financial services provider on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Tuesday, March 24th.

Flaherty & Crumrine Preferred Securities Income Fund Trading Down 2.0%

Shares of FFC opened at $15.48 on Friday. Flaherty & Crumrine Preferred Securities Income Fund has a one year low of $14.20 and a one year high of $17.00. The company’s fifty day moving average price is $16.49 and its 200 day moving average price is $16.59.

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.