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

High Income Securities Fund (NYSE:PCF) announced a monthly dividend on Wednesday, September 25th, NASDAQ reports. Investors of record on Tuesday, October 22nd will be paid a dividend of 0.0622 per share by the financial services provider on Thursday, October 31st. This represents a $0.75 annualized dividend and a dividend yield of 11.09%. The ex-dividend date is Tuesday, October 22nd.

High Income Securities Fund Stock Performance

Shares of High Income Securities Fund stock opened at $6.73 on Friday. The company’s 50 day moving average price is $6.63 and its two-hundred day moving average price is $6.64. High Income Securities Fund has a fifty-two week low of $5.71 and a fifty-two week high of $7.00.

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.