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

Key Points

• The High Income Securities Fund (NYSE:PCF) has announced a monthly dividend of $0.06 per share, payable on December 31st to stockholders of record on December 16th.
• The fund's annualized dividend yield is 11.3%, indicating a strong return for investors.
• As of the latest trading session, shares of the fund are priced at $6.33, with a one-year trading range between $5.73 and $6.91.

High Income Securities Fund (NYSE:PCF - Get Free Report) announced a monthly dividend on Thursday, October 2nd. Stockholders of record on Tuesday, December 16th will be paid a dividend of 0.0593 per share by the financial services provider on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 11.3%. The ex-dividend date is Tuesday, December 16th.

High Income Securities Fund Stock Up 0.4%

Shares of High Income Securities Fund stock opened at $6.33 on Friday. High Income Securities Fund has a 1 year low of $5.73 and a 1 year high of $6.91. The stock has a fifty day moving average price of $6.40 and a 200-day moving average price of $6.36.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.