Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFO – Get Free Report) announced a monthly dividend on Thursday, July 23rd. Investors of record on Wednesday, September 23rd will be given a dividend of 0.0567 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Wednesday, September 23rd.
Flaherty & Crumrine Preferred and Income Fund Stock Down 0.8%
NYSE PFO opened at $9.08 on Friday. The business has a 50 day moving average price of $9.16 and a 200 day moving average price of $9.30. Flaherty & Crumrine Preferred and Income Fund has a 1-year low of $8.85 and a 1-year high of $9.90.
Flaherty & Crumrine Preferred and Income Fund Company Profile
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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