High Income Securities Fund

NYSE:PCF Stock Report

Market Cap: US$122.0m

High Income Securities Fund Dividend

Dividend criteria checks 3/6

High Income Securities Fund is a dividend paying company with a current yield of 10.72%. Next payment date is on 29th March, 2024 with an ex-dividend date of 19th March, 2024.

Key information

10.7%

Dividend yield

230%

Payout ratio

Industry average yield2.3%
Next dividend pay date29 Mar 24
Ex dividend date19 Mar 24
Dividend per sharen/a
Earnings per shareUS$0.34
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

PCF: A High Income Securities Fund In Decline

Feb 19

PCF: An Interesting Fund For Income Hunters, But Distribution Still Looks Strained

Dec 11

PCF: A Good Diversifier For An Income Portfolio, But Distribution Appears Strained

Oct 04

PCF: Lack Of Transparency A Big Negative

Jul 26

High Income Securities Fund dividend declines by 17.3% to $0.0604

Jan 06

High Income Securities Fund declares $0.073 dividend

Oct 11

PCF: An Interesting Portfolio At A Fair Valuation

Aug 25

PCF: Fund-Of-Funds CEF, Large 11.3% Dividend Yield

Aug 18

High Income Securities Fund declares $0.073 dividend

Jul 07

PCF: Discounted And A 10% Managed Distribution Plan

May 22

PCF's Rights Offering: Quick Notes

Oct 21

PCF: An Underfollowed 9.54% Yielder

Aug 26

PCF: High Income Fund With A 9.4%+ Distribution Rate

Jun 09

High Income Securities Fund declares $0.078 dividend

Jan 05

Upcoming Dividend Payment

TodayFeb 27 2024Ex Dividend DateMar 19 2024Dividend Pay DateMar 29 202410 days from Ex DividendBuy in the next 21 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PCF's dividend payments have been volatile in the past 10 years.

Growing Dividend: PCF's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

High Income Securities Fund Dividend Yield vs Market
How does PCF dividend yield compare to the market?
SegmentDividend Yield
Company (PCF)10.7%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.8%
Industry Average (Capital Markets)2.3%
Analyst forecast in 3 Years (PCF)n/a

Notable Dividend: PCF's dividend (10.72%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: PCF's dividend (10.72%) is in the top 25% of dividend payers in the US market (4.77%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (230.4%), PCF's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate PCF's cash payout ratio to determine if its dividend payments are covered by cash flows.

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