Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD – Get Free Report) announced a — dividend on Thursday, December 12th,Wall Street Journal reports. Shareholders of record on Friday, January 24th will be given a dividend of 0.091 per share by the real estate investment trust on Friday, January 31st. This represents a yield of 6.3%. The ex-dividend date of this dividend is Friday, January 24th.
Flaherty & Crumrine Preferred Income Fund has decreased its dividend by an average of 11.9% annually over the last three years.
Flaherty & Crumrine Preferred Income Fund Stock Performance
Flaherty & Crumrine Preferred Income Fund stock opened at $11.45 on Wednesday. Flaherty & Crumrine Preferred Income Fund has a 12 month low of $9.80 and a 12 month high of $12.08. The company’s fifty day simple moving average is $11.31 and its 200-day simple moving average is $11.36.
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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