Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) Announces — Dividend of $0.09

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) declared a — dividend on Monday, April 21st, Wall Street Journal reports. Investors of record on Thursday, July 24th will be paid a dividend of 0.0939 per share by the financial services provider on Thursday, July 31st. This represents a yield of 7.5%. The ex-dividend date of this dividend is Thursday, July 24th. This is a 2.1% increase from Flaherty & Crumrine Preferred Securities Income Fund’s previous — dividend of $0.09.

Flaherty & Crumrine Preferred Securities Income Fund has decreased its dividend payment by an average of 11.4% annually over the last three years.

Flaherty & Crumrine Preferred Securities Income Fund Stock Up 0.9 %

FFC opened at $15.05 on Monday. The company has a fifty day moving average price of $15.71 and a two-hundred day moving average price of $15.84. Flaherty & Crumrine Preferred Securities Income Fund has a 1-year low of $13.87 and a 1-year 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.