Flaherty & Crumrine Preferred Income Fund Inc. Plans Monthly Dividend of $0.07 (NYSE:PFD)

Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFDGet Free Report) announced a monthly dividend on Thursday, July 23rd. Stockholders of record on Wednesday, September 23rd will be paid a dividend of 0.0703 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Wednesday, September 23rd.

Flaherty & Crumrine Preferred Income Fund Stock Performance

Shares of NYSE PFD opened at $11.39 on Friday. The company has a 50 day simple moving average of $11.49 and a 200-day simple moving average of $11.60. Flaherty & Crumrine Preferred Income Fund has a 1 year low of $10.98 and a 1 year high of $12.16.

Flaherty & Crumrine Preferred Income Fund Company Profile

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Flaherty & Crumrine Preferred Income Fund (NYSE: PFD) is a closed-end management investment company that seeks to provide shareholders with a high level of current income by investing primarily in preferred securities. The fund’s portfolio typically includes both U.S. and global preferred stocks, hybrid capital instruments and other fixed-income securities that pay fixed or adjustable dividends. It may also invest in investment-grade and below-investment-grade issues to capture yield opportunities across credit quality tiers.

Since its inception in 2006, PFD has aimed to deliver attractive after-tax total returns by actively managing interest-rate and credit-risk exposure.

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

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