High Income Securities Fund Announces Monthly Distributions For First Quarter of 2022
High Income Securities Fund, Inc. (NYSE:PCF) (the "Fund") today announced that the Fund's Board of Trustees (the "Board") has declared the next three-monthly dividends under the Fund's managed distribution plan.
Under the Fund's managed distribution plan, the Fund intends to make monthly distributions to common stockholders at an annual rate of 10% (or 0.8333% per month) for 2022, based on the net asset value of $8.75 of the Fund's common shares as of December 31, 2021.
The next three dividends for 2022 declared under the managed distribution plan are as follows:
Month
Distribution
Record Date
Payable Date
January
$0.073
January 20