Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Tuesday, October 24th will be given a dividend of 0.119 per share by the financial services provider on Tuesday, October 31st. This represents a $1.43 dividend on an annualized basis and a yield of 6.67%. The ex-dividend date is Monday, October 23rd.

Flaherty&Crumrine Prfrd Sctsm Fd has decreased its dividend by an average of 0.2% annually over the last three years.

Shares of Flaherty&Crumrine Prfrd Sctsm Fd (NYSE FFC) traded down 0.33% during mid-day trading on Tuesday, reaching $21.42. 49,736 shares of the company’s stock traded hands. Flaherty&Crumrine Prfrd Sctsm Fd has a 12 month low of $18.18 and a 12 month high of $22.44. The company has a 50 day moving average of $21.17 and a 200 day moving average of $21.18.

WARNING: This report was originally reported by American Banking News and is the property of of American Banking News. If you are reading this report on another publication, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this report can be read at https://www.americanbankingnews.com/2017/10/03/flahertycrumrine-prfrd-scts-incm-fd-inc-announces-monthly-dividend-of-0-12-ffc.html.

Flaherty&Crumrine Prfrd Sctsm Fd Company Profile

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.

Dividend History for Flaherty&Crumrine Prfrd Sctsm Fd (NYSE:FFC)

Receive News & Ratings for Flaherty&Crumrine Prfrd Scts Incm Fd Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flaherty&Crumrine Prfrd Scts Incm Fd Inc and related companies with MarketBeat.com's FREE daily email newsletter.