Flaherty&Crumrine Prfrd Scts Incm Fd Inc (FFC) to Issue Monthly Dividend of $0.12 on August 31st
Flaherty&Crumrine Prfrd Scts Incm Fd Inc (NYSE:FFC) declared a monthly dividend on Tuesday, August 8th, Wall Street Journal reports. Stockholders of record on Thursday, August 24th will be paid a dividend of 0.119 per share by the financial services provider on Thursday, August 31st. This represents a $1.43 dividend on an annualized basis and a dividend yield of 6.83%. The ex-dividend date is Tuesday, August 22nd.
Flaherty&Crumrine Prfrd Sctsm Fd has decreased its dividend payment by an average of 0.2% per year over the last three years.
Flaherty&Crumrine Prfrd Sctsm Fd (NYSE FFC) opened at 20.91 on Monday. Flaherty&Crumrine Prfrd Sctsm Fd has a 12-month low of $18.18 and a 12-month high of $22.44. The company’s 50-day moving average price is $21.30 and its 200-day moving average price is $20.86.
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About Flaherty&Crumrine Prfrd Sctsm Fd
Flaherty & Crumrine Preferred Securities Income Fund Incorporated is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a portfolio of preferred securities, such as taxable preferred securities and preferred stocks.
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