Flaherty & Crumrine Preferred Securities Income Fund Dividend
Dividend criteria checks 2/6
Flaherty & Crumrine Preferred Securities Income Fund is a dividend paying company with a current yield of 7.04%. Next payment date is on 31st May, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
7.0%
Dividend yield
764%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.14 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
FFC: Leveraged Bank Preferred Equity In Need Of Lower Rates
Apr 08FFC: Portfolio Assets Appear Overpriced, Some Profit-Taking Could Be Smart
Feb 02FFC: Better Yields Can Be Obtained Elsewhere
Nov 15FFC: A High-Yielding Fixed-Income Fund With A Huge Discount
Sep 10FFC: Understanding The Plunge, Staying On The Sidelines
Jun 30FFC: Solid Preferred Stock Fund But Too Much Duration For My Outlook
Feb 08Flaherty & Crumrine Preferred and Income Securities Fund Incorporated decreases dividend by -7% to $0.093/share
Jan 20FFC: Reasonable Investment Thesis But May Be Best To Wait Out Fed Policy
Dec 27Flaherty & Crumrine Preferred and Income Securities Fund Incorporated declares $0.10 dividend
Dec 09FFC: 6 Month Checkup On This Popular Preferred Stock CEF
Oct 23FFC: Deep Discount Appears
Oct 17Flaherty & Crumrine Preferred and Income Securities Fund Incorporated goes ex dividend tomorrow
Aug 22FFC And FLC: Preferred Funds That Hit The Spot
Jul 29HPI Vs. FFC: Similar Results Despite The Differences
Apr 06FFC: Reliable Preferred Stock CEF With A Normalizing Premium
Feb 08FFC: Preferred Share Fund Gets Cheaper After Distribution Cut
Dec 18Time To Swap Finally To Flaherty Preferreds And Capture Relative Value?
Sep 10FFC: Preferred Fund Offered From The Preferrable Fund Sponsor
Jul 28FFC: Still Priced For Significant Underperformance
Jun 01FFC: Solid Yield, But Too Expensive
Dec 20Flaherty & Crumrine Preferred And Income Securities Fund: Money In The Bank
Dec 18Flaherty & Crumrine Preferred and Income Securities Fund Incorporated declares $0.129 dividend
Dec 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FFC's dividend payments have been volatile in the past 10 years.
Growing Dividend: FFC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Flaherty & Crumrine Preferred Securities Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FFC) | 7.0% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (FFC) | n/a |
Notable Dividend: FFC's dividend (7.04%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: FFC's dividend (7.04%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (763.7%), FFC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (96.5%), FFC's dividend payments are not well covered by cash flows.