High Income Securities Fund (PCF) To Go Ex-Dividend on April 20th

High Income Securities Fund (NYSE:PCF) declared a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Shareholders of record on Wednesday, April 21st will be paid a dividend of 0.078 per share by the financial services provider on Friday, April 30th. This represents a $0.94 dividend on an annualized basis and a yield of 10.53%. The ex-dividend date of this dividend is Tuesday, April 20th.

Shares of PCF opened at $8.89 on Thursday. High Income Securities Fund has a 12 month low of $6.65 and a 12 month high of $9.10. The company has a 50-day moving average price of $8.56 and a two-hundred day moving average price of $8.40.

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High Income Securities Fund Company Profile

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.

See Also: Diversification For Individual Investors

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