Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD – Get Rating) declared a monthly dividend on Tuesday, January 24th, Wall Street Journal reports. Shareholders of record on Friday, April 21st will be given a dividend of 0.059 per share by the real estate investment trust on Friday, April 28th. This represents a $0.71 dividend on an annualized basis and a yield of 5.74%. The ex-dividend date is Thursday, April 20th.
Flaherty & Crumrine Preferred Income Fund has decreased its dividend payment by an average of 1.7% annually over the last three years.
Flaherty & Crumrine Preferred Income Fund Trading Up 0.4 %
Shares of PFD opened at $12.33 on Wednesday. Flaherty & Crumrine Preferred Income Fund has a fifty-two week low of $10.13 and a fifty-two week high of $16.62. The stock has a fifty day moving average of $11.53 and a two-hundred day moving average of $11.60.
Institutional Inflows and Outflows
About Flaherty & Crumrine Preferred Income Fund
Flaherty & Crumrine Preferred Income Fund Inc is a closed ended equity mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity markets of the United States. It invests in the stocks of companies operating in the financials sector. The fund primarily invests in preferred securities.
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