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Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Yield % : 6.92% (As of May. 05, 2024)


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What is Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Yield %?

As of today (2024-05-05), the Trailing Annual Dividend Yield of Flaherty & Crumrine Preferred andome Securities Fundorporated is 6.92%.

Warning Sign:

Flaherty & Crumrine Preferred and Income Securities Fund Incorporated stock dividend yield is close to 2-year low.

The historical rank and industry rank for Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Yield % or its related term are showing as below:

FFC' s Dividend Yield % Range Over the Past 10 Years
Min: 5.89   Med: 7.48   Max: 11.64
Current: 6.92

During the past 7 years, the highest Dividend Yield of Flaherty & Crumrine Preferred andome Securities Fundorporated was 11.64%. The lowest was 5.89%. And the median was 7.48%.

FFC's Dividend Yield % is ranked better than
60.02% of 1213 companies
in the Asset Management industry
Industry Median: 5.57 vs FFC: 6.92

Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.52.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Flaherty & Crumrine Preferred and Income Securities Fund Incorporated is 7.35, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Flaherty & Crumrine Preferred andome Securities Fundorporated was 7.35. The lowest was 0.36. And the median was 0.89.

As of today (2024-05-05), the Forward Dividend Yield % of Flaherty & Crumrine Preferred andome Securities Fundorporated is 7.30%.

Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividends per Share for the six months ended in Nov. 2023 was $0.50.

During the past 12 months, Flaherty & Crumrine Preferred andome Securities Fundorporated's average Dividends Per Share Growth Rate was -23.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.10% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Flaherty & Crumrine Preferred andome Securities Fundorporated was 3.60% per year. The lowest was -9.30% per year. And the median was -0.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Yield % Historical Data

The historical data trend for Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Yield % Chart

Flaherty & Crumrine Preferred andome Securities Fundorporated Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Yield %
Get a 7-Day Free Trial 6.20 6.29 7.14 8.91 7.70

Flaherty & Crumrine Preferred andome Securities Fundorporated Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.14 8.23 8.91 8.99 7.70

Competitive Comparison of Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Yield %

For the Asset Management subindustry, Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Yield % falls into.



Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Flaherty & Crumrine Preferred andome Securities Fundorporated Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0840002024-04-222024-04-232024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0840002024-03-202024-03-212024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0840002024-02-212024-02-222024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0820002024-01-232024-01-242024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0820002023-12-202023-12-212023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0820002023-11-212023-11-222023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0820002023-10-232023-10-242023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0820002023-09-212023-09-222023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0820002023-08-232023-08-242023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0870002023-07-212023-07-242023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0870002023-06-222023-06-232023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0870002023-05-222023-05-232023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Flaherty & Crumrine Preferred andome Securities Fundorporated's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.005/14.47
=6.95 %

Current Share Price is $14.47.
Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.005.

Flaherty & Crumrine Preferred andome Securities Fundorporated's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.008/14.47
=6.97 %

Current Share Price is $14.47.
Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividends per Share for the forward twelve months is calculated as $0.084 * 12 = $1.008.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Flaherty & Crumrine Preferred andome Securities Fundorporated  (NYSE:FFC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Flaherty & Crumrine Preferred andome Securities Fundorporated Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Preferred and Income Securities Fund Incorporated is a diversified, closed-end management investment company. The fund's investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests primarily in a diversified portfolio of preferred securities.
Executives
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Robert E Chadwick officer: CFO, VP, Treasurer & Secretary 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Donald F Crumrine director, officer: Chairman, CEO 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Peter C Stimes officer: VP,CFO,Chief Acct Of,Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Martin Brody director C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101