Flaherty & Crumrine Preferred and Income Securities Fund Inc (FFC) Dividend History

$12.83 $-0.14

Dividend Score
Dividend Yield
7.54%
Annual Payment
$0.98
Payout Ratio
-40.73%
Dividend Increases
0 yrs

Price Chart

Key Metrics

Sector Financial Services
Industry Asset Management
Avg daily volume 157,986
Market cap 623,782,000
Beta 0.82
Trailing 12 Month EPS -1.81
Next Earnings Date
Ex-dividend date 2023-09-21
P/E ratio 0

Company Description

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. The fund primarily invests in investment grade preferred securities consisting of hybrid or taxable preferreds. It employs quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the Merrill Lynch 8% Capped DRD Preferred Stock Index, Merrill Lynch Hybrid Preferred Securities Index, and Merrill Lynch Adjustable Preferred Stock 7% Constrained Index. It was formerly known as Flaherty & Crumrine/Claymore Preferred Securities Income Fund Incorporated. Flaherty & Crumrine Preferred Securities Income Fund Inc. was formed on May 23, 2002 and is domiciled in the United States.

Peers

Dividend Payments

Forward Yield
7.54%
Forward Payment
$0.98
Trailing Yield
8.41%
Trailing Payment
$1.16
Last Increase
Aug 31,20 9.32%
Last Cut
Aug 31,23 -6.32%
5 Year Average Yield
8.03%
% Above Current Yield
6.09%
5 Year Div Growth Rate
-3.24%
Payment Frequency
Monthly

Historical Dividend Payments