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

High Income Securities Fund (NYSE:PCF) declared a monthly dividend on Monday, September 30th, Wall Street Journal reports. Stockholders of record on Tuesday, December 17th will be given a dividend of 0.0622 per share by the financial services provider on Tuesday, December 31st. This represents a $0.75 annualized dividend and a dividend yield of 10.95%. The ex-dividend date of this dividend is Tuesday, December 17th.

High Income Securities Fund Trading Down 0.2 %

NYSE PCF opened at $6.82 on Wednesday. High Income Securities Fund has a 12 month low of $5.71 and a 12 month high of $7.00. The stock has a 50-day simple moving average of $6.65 and a 200 day simple moving average of $6.64.

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.