Cash Dividend On The Way From Putnam High Income Securities Fund (PCF)

Looking at the universe of stocks we cover at Dividend Channel, on 8/20/14, Putnam High Income Securities Fund ( PCF) will trade ex-dividend, for its monthly dividend of $0.0309, payable on 9/2/14. As a percentage of PCF's recent stock price of $8.47, this dividend works out to approximately 0.36%.

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Below is a dividend history chart for PCF, showing historical dividends prior to the most recent $0.0309 declared by Putnam High Income Securities Fund:

PCF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PCF is likely to continue, and whether the current estimated yield of 4.38% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PCF shares, versus its 200 day moving average:

Putnam High Income Securities Fund 200 Day Moving Average Chart

Looking at the chart above, PCF's low point in its 52 week range is $7.50 per share, with $8.73 as the 52 week high point — that compares with a last trade of $8.48.

In Monday trading, Putnam High Income Securities Fund shares are currently off about 0.2% on the day.

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