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Flaherty & Crumrine Pref. Income Fd (NYSE:PFD) declared a monthly dividend on Wednesday, July 9th, American Banking News.com reports. Investors of record on Thursday, July 24th will be given a dividend of 0.09 per share on Thursday, July 31st. This represents a $1.08 dividend on an annualized basis and a yield of 7.48%. The ex-dividend date is Tuesday, July 22nd.

Shares of Flaherty & Crumrine Pref. Income Fd (NYSE:PFD) remained flat at $14.43 during during mid-day trading trading on Wednesday. The stock had a trading volume of 8,064 shares. Flaherty & Crumrine Pref. Income Fd has a 1-year low of $12.04 and a 1-year high of $14.83. The stock’s 50-day moving average is $14.62 and its 200-day moving average is $13.69.

Flaherty & Crumrine Preferred Income Fund Incorporated (NYSE:PFD) is a diversified, closed-end management investment company.

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