Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) to Issue Dividend Increase – $0.12 Per Share

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) declared a — dividend on Thursday, December 12th,Wall Street Journal reports. Shareholders of record on Friday, January 24th will be given a dividend of 0.1245 per share by the financial services provider on Friday, January 31st. This represents a yield of 6.9%. The ex-dividend date of this dividend is Friday, January 24th. This is a positive change from Flaherty & Crumrine Preferred Securities Income Fund’s previous — dividend of $0.12.

Flaherty & Crumrine Preferred Securities Income Fund has decreased its dividend payment by an average of 11.8% annually over the last three years.

Flaherty & Crumrine Preferred Securities Income Fund Stock Up 1.4 %

FFC opened at $16.06 on Wednesday. The business’s 50 day moving average is $15.75 and its 200-day moving average is $15.72. Flaherty & Crumrine Preferred Securities Income Fund has a twelve month low of $13.72 and a twelve month high of $16.74.

Flaherty & Crumrine Preferred Securities Income Fund Company Profile

Flaherty & Crumrine Preferred Securities Income Fund Inc is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.