Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) Announces Dividend of $0.09

Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) announced a dividend on Tuesday, June 17th, investing.com reports. Stockholders of record on Tuesday, June 24th will be given a dividend of 0.0939 per share by the financial services provider on Monday, June 30th. This represents a dividend yield of 7.01%. The ex-dividend date is Monday, June 23rd.

Flaherty & Crumrine Preferred Securities Income Fund Price Performance

NYSE FFC opened at $16.07 on Tuesday. The company’s 50 day moving average is $15.47 and its 200-day moving average is $15.71. Flaherty & Crumrine Preferred Securities Income Fund has a 12-month low of $14.20 and a 12-month high of $16.74.

Institutional Trading of Flaherty & Crumrine Preferred Securities Income Fund

An institutional investor recently raised its position in Flaherty & Crumrine Preferred Securities Income Fund stock. Royal Bank of Canada increased its position in shares of Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) by 4.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 163,821 shares of the financial services provider’s stock after acquiring an additional 7,121 shares during the period. Royal Bank of Canada’s holdings in Flaherty & Crumrine Preferred Securities Income Fund were worth $2,609,000 as of its most recent filing with the Securities and Exchange Commission.

Flaherty & Crumrine Preferred Securities Income Fund Company Profile

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.