High Income Securities Fund (PCF) to Issue Monthly Dividend of $0.06 on July 31st

High Income Securities Fund (NYSE:PCF) announced a monthly dividend on Tuesday, June 18th, NASDAQ reports. Shareholders of record on Wednesday, July 17th will be paid a dividend of 0.0622 per share by the financial services provider on Wednesday, July 31st. This represents a $0.75 dividend on an annualized basis and a dividend yield of 10.98%. The ex-dividend date of this dividend is Wednesday, July 17th.

High Income Securities Fund Price Performance

Shares of NYSE PCF opened at $6.80 on Thursday. The business’s 50-day simple moving average is $6.60 and its 200-day simple moving average is $6.56. High Income Securities Fund has a 52 week low of $5.71 and a 52 week high of $6.96.

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.