Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) Shares Will Pay Monthly Dividend of $0.10

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) declared a monthly dividend on Thursday, October 22nd. Shareholders of record on Friday, November 20th will be given a dividend of $0.1046 per share by the financial services provider on Monday, November 30th. This represents a $1.26 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date is Friday, November 20th.

Flaherty & Crumrine Preferred Securities Income Fund Stock Performance

NYSE:FFC traded down $0.23 during trading hours on Friday, reaching $14.25. 30,682 shares of the company were exchanged, compared to its average volume of 123,360. The stock has a 50 day simple moving average of $15.35 and a 200 day simple moving average of $15.81. Flaherty & Crumrine Preferred Securities Income Fund has a 52-week low of $14.31 and a 52-week high of $16.95.

About Flaherty & Crumrine Preferred Securities Income Fund

Flaherty & Crumrine Preferred Securities Income Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol FFC. The fund seeks to provide investors with a high level of current income and, to a lesser extent, capital appreciation by investing primarily in preferred securities and other income-producing securities.

The fund’s portfolio may include preferred stocks, hybrid securities, corporate bonds and other fixed-income instruments issued by companies in sectors such as financial services, utilities, real estate investment trusts and industrials.