Flaherty & Crumrine Preferred Securities Income Fund Inc. Declares Dividend for the Months of August, September and October 2019, Payable on August 30, 2019, September 30, 2019 and October 31, 2019, Respectively
July 19, 2019 at 12:08 am IST
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Flaherty & Crumrine Preferred Securities Income Fund Inc. declared dividend of $0.112 per share for the month of August, $0.112
per share for the month of September and $0.112 per share for the month of October 2019. The dividend will be payable on August 30, 2019, September 30, 2019 and October 31, 2019 to the holders of record on August 23, 2019, September 23, 2019 and October 24, 2019 and the ex-dividend date is on August 22, 2019, September 20, 2019 and October 23, 2019.
Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (the Fund) 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 preservation of capital. The Fund invests at least 80% of its managed assets in a portfolio of preferred and other income-producing securities. The Fund invests at least 25% of its total assets in the financials sector, which for this purpose is comprised of the bank, thrifts and mortgage finance, diversified financial services, finance, consumer finance, capital markets, asset management and custody, investment banking and brokerage, insurance, insurance brokerage, and real estate investment trust industries. The Fund is also focused on investments in other sectors, such as energy, industrials, utilities, communications and pipelines. The Fund's investment adviser is Flaherty & Crumrine Incorporated.
Flaherty & Crumrine Preferred Securities Income Fund Inc. Declares Dividend for the Months of August, September and October 2019, Payable on August 30, 2019, September 30, 2019 and October 31, 2019, Respectively