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

High Income Securities Fund (NYSE:PCF) declared a monthly dividend on Wednesday, September 25th,Wall Street Journal reports. Stockholders of record on Tuesday, November 19th will be given a dividend of 0.0622 per share by the financial services provider on Friday, November 29th. This represents a $0.75 annualized dividend and a dividend yield of 10.98%. The ex-dividend date is Tuesday, November 19th.

High Income Securities Fund Stock Performance

PCF stock opened at $6.80 on Monday. The firm has a 50 day moving average of $6.76 and a 200-day moving average of $6.70. High Income Securities Fund has a 12 month low of $6.19 and a 12 month high of $7.00.

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.