Flaherty&Crumrine Prfrd Scts Incm Fd Inc Announces Monthly Dividend of $0.12 (FFC)
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.
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.
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