Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) to Issue Dividend Increase – $0.09 Per Share

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFCGet Free Report) announced a monthly dividend on Thursday, April 18th, NASDAQ reports. Stockholders of record on Thursday, May 23rd will be given a dividend of 0.088 per share by the financial services provider on Friday, May 31st. This represents a $1.06 dividend on an annualized basis and a dividend yield of 7.22%. The ex-dividend date is Wednesday, May 22nd. This is a positive change from Flaherty & Crumrine Preferred Securities Income Fund’s previous monthly dividend of $0.08.

Flaherty & Crumrine Preferred Securities Income Fund has decreased its dividend payment by an average of 10.2% annually over the last three years and has increased its dividend every year for the last 1 years.

Flaherty & Crumrine Preferred Securities Income Fund Stock Down 0.4 %

NYSE FFC opened at $14.63 on Monday. The business has a 50 day moving average price of $14.46 and a 200 day moving average price of $14.15. Flaherty & Crumrine Preferred Securities Income Fund has a 1-year low of $11.90 and a 1-year high of $14.96.

About Flaherty & Crumrine Preferred Securities Income Fund

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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.

Further Reading

Dividend History for Flaherty & Crumrine Preferred Securities Income Fund (NYSE:FFC)

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