Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) to Issue $0.09 Monthly Dividend

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) declared a monthly dividend on Monday, January 27th,Wall Street Journal reports. Stockholders of record on Wednesday, April 23rd will be given a dividend of 0.092 per share by the financial services provider on Wednesday, April 30th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 6.95%. The ex-dividend date of this dividend is Wednesday, April 23rd.

Flaherty & Crumrine Preferred Securities Income Fund has decreased its dividend by an average of 11.8% per year over the last three years.

Flaherty & Crumrine Preferred Securities Income Fund Trading Down 0.3 %

NYSE FFC opened at $15.88 on Tuesday. The company’s 50 day simple moving average is $15.76 and its two-hundred day simple moving average is $15.76. Flaherty & Crumrine Preferred Securities Income Fund has a 1 year low of $13.72 and a 1 year high of $16.74.

About Flaherty & Crumrine Preferred Securities Income Fund

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.