Free Trial

High Income Securities Fund (NYSE:PCF) Plans Dividend of $0.06

High Income Securities Fund logo with Finance background

Key Points

  • High Income Securities Fund (NYSE:PCF) has declared a dividend of $0.06 per share, set to be distributed on August 29th to stockholders of record as of August 20th.
  • The fund currently boasts a remarkable dividend yield of 1,107.0% and features a fifty-two week price range of $5.73 to $6.91.
  • Institutional investors own approximately 16.64% of the stock, with several firms recently increasing their stakes in the fund.
  • Interested in High Income Securities Fund? Here are five stocks we like better.

High Income Securities Fund (NYSE:PCF - Get Free Report) declared a dividend on Saturday, August 16th, investing.com reports. Investors of record on Wednesday, August 20th will be given a dividend of 0.0593 per share by the financial services provider on Friday, August 29th. This represents a dividend yield of 1,107.0%. The ex-dividend date is Tuesday, August 19th.

High Income Securities Fund Stock Down 0.2%

Shares of PCF stock traded down $0.0150 during trading on Thursday, hitting $6.3750. The company had a trading volume of 34,297 shares, compared to its average volume of 70,621. The stock's 50-day moving average is $6.38 and its two-hundred day moving average is $6.43. High Income Securities Fund has a 52 week low of $5.73 and a 52 week high of $6.91.

About High Income Securities Fund

(Get Free Report)

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

Dividend History for High Income Securities Fund (NYSE:PCF)

Should You Invest $1,000 in High Income Securities Fund Right Now?

Before you consider High Income Securities Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and High Income Securities Fund wasn't on the list.

While High Income Securities Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.