Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD – Get Free Report) announced a monthly dividend on Friday, January 24th,Wall Street Journal reports. Investors 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 dividend on an annualized basis and a yield of 6.51%. The ex-dividend date is Wednesday, April 23rd.
Flaherty & Crumrine Preferred Income Fund has decreased its dividend by an average of 11.9% per year over the last three years.
Flaherty & Crumrine Preferred Income Fund Stock Performance
Flaherty & Crumrine Preferred Income Fund stock opened at $11.25 on Friday. The business has a 50-day moving average of $11.31 and a 200-day moving average of $11.37. Flaherty & Crumrine Preferred Income Fund has a 1 year low of $9.80 and a 1 year high of $12.08.
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.
See Also
- Five stocks we like better than Flaherty & Crumrine Preferred Income Fund
- What is a buyback in stocks? A comprehensive guide for investors
- Bloom Energy: Powering the Future With Decentralized Energy
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- How to Invest in Insurance Companies: A Guide
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Receive News & Ratings for Flaherty & Crumrine Preferred Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flaherty & Crumrine Preferred Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
