Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) To Go Ex-Dividend on June 23rd

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) declared a monthly dividend on Wednesday, April 15th. Shareholders of record on Tuesday, June 23rd will be given a dividend of 0.1025 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Flaherty & Crumrine Preferred Securities Income Fund Stock Down 0.0%

Flaherty & Crumrine Preferred Securities Income Fund stock opened at $15.95 on Friday. The firm’s fifty day moving average price is $15.98 and its two-hundred day moving average price is $16.24. Flaherty & Crumrine Preferred Securities Income Fund has a 1-year low of $14.98 and a 1-year high of $17.00.

About Flaherty & Crumrine Preferred Securities Income Fund

Flaherty & Crumrine Preferred Securities Income Fund (NYSE:FFC) is a closed-end management investment company that seeks to provide investors with high current income as its primary investment objective. Launched in 1995, the fund pursues this goal by investing primarily in preferred securities, including U.S. and non-U.S. preferred stocks, trust preferred securities, and certain convertible and hybrid instruments. The fund’s diversified portfolio typically spans corporate, financial and utility sectors, with a focus on instruments that offer attractive dividend yields.

In constructing its portfolio, FFC may employ leverage to enhance income generation and diversify across credit qualities and maturities.