Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) Announces $0.12 Monthly Dividend
Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) announced a monthly dividend on Tuesday, August 8th, Wall Street Journal reports. Investors of record on Thursday, August 24th will be paid a dividend of 0.119 per share by the financial services provider on Thursday, August 31st. This represents a $1.43 annualized dividend and a yield of 6.75%. The ex-dividend date of this dividend is Tuesday, August 22nd.
Flaherty&Crumrine Prfrd Sctsm Fd has decreased its dividend payment by an average of 0.2% annually over the last three years.
Shares of Flaherty&Crumrine Prfrd Sctsm Fd (NYSE FFC) traded up 0.38% during mid-day trading on Tuesday, reaching $21.16. The company had a trading volume of 97,734 shares. Flaherty&Crumrine Prfrd Sctsm Fd has a 52-week low of $18.18 and a 52-week high of $22.44. The company’s 50-day moving average price is $21.62 and its 200-day moving average price is $20.77.
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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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