Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD – Get Free Report) announced a — dividend on Monday, April 21st, Wall Street Journal reports. Stockholders of record on Thursday, July 24th will be given a dividend of 0.0622 per share by the real estate investment trust on Thursday, July 31st. This represents a dividend yield of 6.9%. The ex-dividend date is Thursday, July 24th.
Flaherty & Crumrine Preferred Income Fund has decreased its dividend payment by an average of 11.9% per year over the last three years.
Flaherty & Crumrine Preferred Income Fund Stock Performance
NYSE PFD opened at $10.73 on Monday. The stock’s 50-day simple moving average is $11.10 and its two-hundred day simple moving average is $11.32. Flaherty & Crumrine Preferred Income Fund has a twelve month low of $9.89 and a twelve month high of $12.08.
About Flaherty & Crumrine Preferred Income Fund
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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