High Income Securities Fund (PCF) To Go Ex-Dividend on January 21st

High Income Securities Fund (NYSE:PCF) declared a dividend on Sunday, January 19th,investing.com reports. Stockholders of record on Wednesday, January 22nd will be paid a dividend of 0.0593 per share by the financial services provider on Friday, January 31st. This represents a dividend yield of 10.68%. The ex-dividend date of this dividend is Tuesday, January 21st.

High Income Securities Fund Stock Performance

PCF traded up $0.02 on Friday, reaching $6.64. The company had a trading volume of 83,104 shares, compared to its average volume of 127,688. The company has a fifty day moving average of $6.64 and a 200-day moving average of $6.67. High Income Securities Fund has a one year low of $6.19 and a one year high of $7.00.

Insider Activity

In other High Income Securities Fund news, Director Gerald Hellerman purchased 10,000 shares of the business’s stock in a transaction on Monday, December 16th. The stock was bought at an average cost of $6.66 per share, with a total value of $66,600.00. Following the acquisition, the director now owns 14,325 shares of the company’s stock, valued at $95,404.50. The trade was a 231.21 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders purchased 13,624 shares of company stock worth $89,836 over the last three months. Corporate insiders own 1.60% of the company’s stock.

High Income Securities Fund Company Profile

High Income Securities Fund is a closed-ended balanced income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.