High Income Securities Fund (NYSE:PCF) to Issue $0.06 Monthly Dividend

Key Points

• High Income Securities Fund (NYSE:PCF) announced a monthly dividend of $0.0593 per share, with shareholders of record on October 21st receiving payments on October 31st, representing an annualized yield of 11.3%.
• The fund's stock opened at $6.33 and has experienced a 52-week trading range between $5.73 and $6.91, indicating potential stability in market performance.
• High Income Securities Fund is a closed-ended balanced income mutual fund managed by Putnam Investment Management, focusing on investing in the U.S. fixed income markets and diversified sectors.

High Income Securities Fund (NYSE:PCF - Get Free Report) declared a monthly dividend on Thursday, October 2nd. Shareholders of record on Tuesday, October 21st will be paid a dividend of 0.0593 per share by the financial services provider on Friday, October 31st. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date of this dividend is Tuesday, October 21st.

High Income Securities Fund Trading Up 0.4%

Shares of PCF stock opened at $6.33 on Friday. The company has a 50 day moving average price of $6.40 and a 200-day moving average price of $6.36. High Income Securities Fund has a 52 week low of $5.73 and a 52 week high of $6.91.

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.

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