High Income Securities Fund (NYSE:PCF) announced a monthly dividend on Wednesday, April 7th, Wall Street Journal reports. Shareholders of record on Monday, June 21st will be given a dividend of 0.078 per share by the financial services provider on Wednesday, June 30th. This represents a $0.94 annualized dividend and a dividend yield of 10.53%. The ex-dividend date of this dividend is Friday, June 18th.
NYSE:PCF opened at $8.89 on Thursday. The stock’s 50-day simple moving average is $8.56 and its 200 day simple moving average is $8.40. High Income Securities Fund has a 52-week low of $6.65 and a 52-week high of $9.10.
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.
Further Reading: Does the discount rate affect the economy?
Receive News & Ratings for High Income Securities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for High Income Securities Fund and related companies with MarketBeat.com's FREE daily email newsletter.