Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFO) to Issue Monthly Dividend of $0.06

Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFOGet Free Report) declared a monthly dividend on Thursday, July 23rd. Investors of record on Friday, October 23rd will be given a dividend of 0.0567 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Friday, October 23rd.

Flaherty & Crumrine Preferred and Income Fund Stock Performance

Shares of Flaherty & Crumrine Preferred and Income Fund stock opened at $9.08 on Friday. Flaherty & Crumrine Preferred and Income Fund has a fifty-two week low of $8.85 and a fifty-two week high of $9.90. The company’s 50 day moving average price is $9.16 and its two-hundred day moving average price is $9.30.

Flaherty & Crumrine Preferred and Income Fund Company Profile

(Get Free Report)

Flaherty & Crumrine Preferred and Income Fund (NYSE:PFO) is a closed-end management investment company designed to provide investors with a high level of current income. The fund focuses its portfolio primarily on preferred and participating securities, including traditional preferred shares, convertible preferred instruments, trust preferred issues and other hybrid securities issued by corporations and financial institutions.

Through broad diversification across industry sectors and geographies, PFO aims to manage credit and interest-rate risk while pursuing attractive yield opportunities.

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Dividend History for Flaherty & Crumrine Preferred and Income Fund (NYSE:PFO)

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