Flaherty & Crumrine Preferred Securities Income Fund Inc. Declares Dividend for the Months of May, June and July 2019, Payable on May 31, 2019, June 28, 2019 and July 31, 2019 respectively
April 25, 2019 at 11:28 pm IST
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Flaherty & Crumrine Preferred Securities Income Fund Inc. declared dividend of $0.112 per share for the month of May 2019, payable on may 31, 2019, with record date on May 23, 2019 and Ex-dividend date is on May 22, 2019.
The company declared dividend of $0.112 per share for the month of June 2019, payable on June 28, 2019 with record date June 21, 2019 and Ex-dividend date is on June 20, 2019.
The company declared dividend of $0.112 per share for the month of July 2019, payable on July 31, 2019 with record date July 24, 2019 and Ex-dividend date is on July 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 May, June and July 2019, Payable on May 31, 2019, June 28, 2019 and July 31, 2019 respectively