Dividend Information About Flaherty & Crumrine Preferred & Income Securities Fund Inc: Key Insights Before May 23, 2025 Ex-Dividend Date

Flaherty & Crumrine Preferred & Income Securities Fund Inc. (FFC) has announced a cash dividend of $0.094 per share, with an ex-dividend date set for May 23, 2025, and a payment date on May 30, 2025. This dividend is slightly higher than the previous payout of $0.092 per share, distributed on Apr 30, 2025. However, it is lower than the average of the last ten dividends, which stands at approximately $0.121 per share. The announcement was made on Apr 16, 2025, and continues the company's practice of issuing cash dividends.

Recently, Comerica Bank reduced its holdings in Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) by selling 726 shares, a 12.5% decrease during the fourth quarter. This move reflects a strategic reallocation of the bank's investment portfolio.

Over the past week, Flaherty & Crumrine's Q1 2025 financial performance received notable attention. The company's revenue surged to $16.6 million, marking a substantial 65% increase compared to the previous year. This growth was primarily driven by the successful execution of the Ivory Coast Addendum project and strong performance in the SPS and recurring revenue streams. Analysts indicate that these elements significantly bolster the company's financial health and market position.

Since the last update, the Flaherty & Crumrine Total Return Fund Inc. has been performing well, with its stock price reflecting positive market sentiment. The stabilization of interest rates has also supported the fund's overall performance, alongside similar funds like Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund. This trend underscores the broader market dynamics affecting the fund's operations and its competitive stance within the industry.

In conclusion, Flaherty & Crumrine Preferred & Income Securities Fund Inc. displays a mixed but generally positive outlook, driven by robust revenue growth and strategic financial maneuvers. With the ex-dividend date of May 23, 2025, approaching, investors should note that this is the final day to purchase shares and qualify for the upcoming dividend distribution. Any acquisitions made after this date will not be eligible for the dividend payout.