Flaherty & Crumrine Preferred Securities Income Fund Incorporated Declares Dividend for the Months of December 2018 and January 2019, Payable on December 31, 2018 and January 31, 2019 Respectively
December 11, 2018 at 03:52 pm EST
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Flaherty & Crumrine Preferred Securities Income Fund Incorporated declared dividend of $0.114 per share for the month of December 2018, payable on December 31, 2018 with record date on December 21, 2018 and Ex-dividend date is on December 20, 2018.
The company declared dividend of $0.112 per share for the month of January 2019, payable on January 31, 2019 with record date on January 24, 2019 and Ex-dividend date is on January 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 Incorporated Declares Dividend for the Months of December 2018 and January 2019, Payable on December 31, 2018 and January 31, 2019 Respectively