
Flaherty & Crumrine Preferred Securities Income Fund Inc.
FFCFinancial Services · Asset Management · Stock · monthly payer
Forward Yield
8.18%
Annual Dividend
$1.18
Payout Ratio
68%
5-Yr Growth
-4.1%
Ex-Date
Oct 23, 2026
Frequency
Monthly
Key facts about FFC's dividend
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) has a forward dividend yield of 8.18%, based on an annual dividend of $1.18 per share and a share price of $14.44.
- As of Oct 15, 2026, FFC's dividend safety grade from SmarterDividends is C (61 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) has raised its dividend for 2 consecutive years as of Oct 15, 2026.
- FFC last cut its regular dividend in 2023.
- FFC's next ex-dividend date is Oct 23, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 15, 2026, FFC pays out 68% of its trailing 12-month earnings as dividends (its payout ratio).
- FFC's dividend has shrunk at an average rate of 4.1% a year over the past five years.
- As of Oct 15, 2026, FFC's 8.18% yield is 12% above its five-year average yield of 7.31%.
- As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for FFC is $38.90 per share, 169% above the $14.44 share price, so FFC screens as undervalued.
- Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) pays its dividend monthly, 12 times a year.
Cite this page
SmarterDividends, "FFC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/FFC
Summary
As of Oct 15, 2026, Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) yields 8.18% ($1.18 a year per share), has a dividend safety grade of C (61/100) and has 2 consecutive years of dividend increases on record.
Is FFC a good dividend stock?
Yes, with caveatsFlaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) pays a monthly dividend yielding 8.18% ($1.18/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.18%
- Payout Ratio
- 68%
- Annual Dividend
- $1.18
- 5-Yr Avg Growth
- -4.1%
- Ex-Dividend Date
- Oct 23, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.78
- Market Cap
- $695.7M
- P/E Ratio
- 8.5
- 5-Yr Total Return
- -34%
- 52-Week Range
- $14.54 – $16.95
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Is FFC a good dividend stock?
Yes, with caveats. Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) pays a monthly dividend yielding 8.18% ($1.18/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is FFC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FFC's fair value is about $38.90 versus a $14.44 share price — so it looks undervalued (+169% vs. fair value).
Is FFC's dividend safe?
FFC has a dividend-safety grade of C (61/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.
What is FFC's fair value?
Our blended fair-value estimate for FFC is about $38.90 per share, roughly 169% above the current $14.44 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is FFC a buy, hold, or sell?
We don't issue formal ratings, but on the data FFC screens as "yes, with caveats" and undervalued. Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) pays a monthly dividend yielding 8.18% ($1.18/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will FFC cut its dividend?
FFC earns a dividend-safety grade of C (61/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does FFC pay a dividend?
Yes. Flaherty & Crumrine Preferred Securities Income Fund Inc. pays a monthly dividend of about $1.18 per share annually, a forward yield of roughly 8.18%.
What is FFC's dividend yield?
As of Oct 15, 2026, FFC's forward dividend yield is 8.18%, based on a $1.18 annual dividend and a $14.44 share price.
What is FFC's dividend per share?
As of Oct 15, 2026, FFC pays $1.18 per share per year, distributed on a monthly basis.
What is FFC's dividend payout ratio?
As of Oct 15, 2026, FFC's payout ratio is 68% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has FFC grown its dividend?
As of Oct 15, 2026, FFC has increased its dividend for 2 consecutive years.
When is the next FFC ex-dividend date?
As of Oct 15, 2026, the next ex-dividend date on record for FFC is Oct 23, 2026.
FFC Price — Last 12 Months
Daily close
Price Return
1 Year
-12%
3 Years
+18%
5 Years
-34%
52-Week Range
$14.54 – $16.95
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FFC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Flaherty & Crumrine Preferred Securities Income Fund Inc. is $38.90 per share, versus a market price of $14.44. That implies 169% of upside — a margin of safety of about 63%.
Fair Value
$38.90
Current Price
$14.44
Upside
+169%
Margin of Safety
63%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.2% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $1.74 EPS, $1.21 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FFC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full FFC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 23, 2026 | Sep 30, 2026 | $0.1050 | regular |
| Aug 24, 2026 | Aug 31, 2026 | $0.1050 | regular |
| Jul 24, 2026 | Jul 31, 2026 | $0.1030 | regular |
| Jun 23, 2026 | Jun 30, 2026 | $0.1030 | regular |
| May 21, 2026 | May 29, 2026 | $0.1030 | regular |
| Apr 23, 2026 | Apr 30, 2026 | $0.1010 | regular |
| Mar 24, 2026 | Mar 31, 2026 | $0.1010 | regular |
| Feb 20, 2026 | Feb 27, 2026 | $0.1010 | regular |
| Jan 23, 2026 | Jan 30, 2026 | $0.1010 | regular |
| Dec 23, 2025 | Dec 31, 2025 | $0.1350 | regular |
| Nov 20, 2025 | Nov 28, 2025 | $0.0980 | regular |
| Oct 24, 2025 | Oct 31, 2025 | $0.0960 | regular |
| Sep 23, 2025 | Sep 30, 2025 | $0.0960 | regular |
| Aug 22, 2025 | Aug 29, 2025 | $0.0960 | regular |
Income Calculator
At $1.18 / yr per share
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