Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD – Get Free Report) announced a monthly dividend on Wednesday, January 22nd, Wall Street Journal reports. Shareholders of record on Wednesday, April 23rd will be given a dividend of 0.061 per share by the real estate investment trust on Wednesday, April 30th. This represents a $0.73 annualized dividend and a yield of 6.82%. The ex-dividend date is Wednesday, April 23rd.
Flaherty & Crumrine Preferred Income Fund has decreased its dividend payment by an average of 11.9% per year over the last three years.
Flaherty & Crumrine Preferred Income Fund Trading Up 0.3 %
Shares of PFD stock opened at $10.73 on Monday. Flaherty & Crumrine Preferred Income Fund has a twelve month low of $9.89 and a twelve month high of $12.08. The stock has a 50 day moving average of $11.10 and a 200 day moving average of $11.32.
Flaherty & Crumrine Preferred Income Fund Company Profile
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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