High Income Securities Fund (NYSE:PCF) declared a monthly dividend on Monday, September 21st, Wall Street Journal reports. Investors of record on Tuesday, November 17th will be paid a dividend of 0.082 per share by the financial services provider on Monday, November 30th. This represents a $0.98 dividend on an annualized basis and a yield of 11.83%. The ex-dividend date is Monday, November 16th.
High Income Securities Fund has decreased its dividend by 20.6% over the last three years and has increased its dividend annually for the last 1 consecutive years.
Shares of PCF stock opened at $8.32 on Wednesday. High Income Securities Fund has a 1 year low of $4.70 and a 1 year high of $9.61. The firm’s fifty day simple moving average is $8.14 and its 200 day simple moving average is $7.58.
About High Income Securities Fund
High Income Securities Fund is a closed-ended balanced income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.
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