Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) announced a monthly dividend on Friday, January 25th, Wall Street Journal reports. Stockholders of record on Tuesday, April 23rd will be paid a dividend of 0.112 per share by the financial services provider on Tuesday, April 30th. This represents a $1.34 annualized dividend and a dividend yield of 6.97%. The ex-dividend date of this dividend is Monday, April 22nd.
Flaherty&Crumrine Prfrd Scts Incm Fd has decreased its dividend payment by an average of 5.6% per year over the last three years.
Shares of NYSE FFC opened at $19.29 on Wednesday. Flaherty&Crumrine Prfrd Scts Incm Fd has a 52-week low of $15.82 and a 52-week high of $19.45.
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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.
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