High Income Securities Fund (NYSE:PCF - Get Free Report) declared a monthly dividend on Thursday, January 9th,Wall Street Journal reports. Investors of record on Tuesday, March 18th will be given a dividend of 0.0593 per share by the financial services provider on Monday, March 31st. This represents a $0.71 annualized dividend and a dividend yield of 10.93%. The ex-dividend date is Tuesday, March 18th.
High Income Securities Fund Stock Performance
NYSE:PCF traded down $0.04 on Thursday, reaching $6.51. The stock had a trading volume of 107,208 shares, compared to its average volume of 129,241. The company has a 50-day moving average of $6.66 and a 200 day moving average of $6.68. High Income Securities Fund has a 12-month low of $6.19 and a 12-month high of $7.00.
Insider Buying and Selling
In related news, Director Gerald Hellerman bought 10,000 shares of the company's stock in a transaction dated Monday, December 16th. The stock was bought at an average price of $6.66 per share, with a total value of $66,600.00. Following the transaction, the director now owns 14,325 shares of the company's stock, valued at approximately $95,404.50. This trade represents a 231.21 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.60% of the company's stock.
About High Income Securities Fund
(
Get Free Report)
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.
Further Reading
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