High Income Securities Fund (NYSE:PCF - Get Free Report) announced a dividend on Wednesday, April 16th, investing.com reports. Stockholders of record on Wednesday, April 23rd will be paid a dividend of 0.0593 per share by the financial services provider on Wednesday, April 30th. This represents a dividend yield of 11.68%. The ex-dividend date is Tuesday, April 22nd.
High Income Securities Fund Trading Down 0.3 %
NYSE PCF traded down $0.02 during trading on Monday, hitting $5.99. The stock had a trading volume of 22,870 shares, compared to its average volume of 127,032. High Income Securities Fund has a 12 month low of $5.73 and a 12 month high of $7.00. The company's 50-day moving average price is $6.55 and its two-hundred day moving average price is $6.63.
Insider Activity
In other High Income Securities Fund news, Director Phillip Goldstein sold 19,296 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $6.84, for a total value of $131,984.64. Following the completion of the sale, the director now owns 7,131 shares in the company, valued at $48,776.04. This trade represents a 73.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Moritz A. Sell acquired 4,487 shares of the stock in a transaction dated Monday, April 7th. The shares were purchased at an average price of $5.97 per share, for a total transaction of $26,787.39. Following the completion of the purchase, the director now directly owns 11,033 shares in the company, valued at $65,867.01. The trade was a 68.55 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 6,376 shares of company stock worth $38,412 in the last quarter. Corporate 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.
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