Flaherty & Crumrine Pref. Income Fd Inc. (PFD) Declares $0.08 Monthly Dividend
Flaherty & Crumrine Pref. Income Fd Inc. (NYSE:PFD) announced a monthly dividend on Tuesday, August 8th, Wall Street Journal reports. Investors of record on Thursday, August 24th will be paid a dividend of 0.082 per share by the real estate investment trust on Thursday, August 31st. This represents a $0.98 dividend on an annualized basis and a yield of 6.57%. The ex-dividend date of this dividend is Tuesday, August 22nd.
Flaherty & Crumrine Pref. Income Fd has decreased its dividend by an average of 0.1% per year over the last three years.
Shares of Flaherty & Crumrine Pref. Income Fd (NYSE PFD) traded down 0.27% during midday trading on Tuesday, reaching $14.98. 22,111 shares of the company were exchanged. The stock has a 50-day moving average price of $15.43 and a 200 day moving average price of $14.98. Flaherty & Crumrine Pref. Income Fd has a 52-week low of $12.64 and a 52-week high of $16.34.
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Flaherty & Crumrine Pref. Income Fd Company Profile
Flaherty & Crumrine Preferred Income Fund Incorporated is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a portfolio of preferred securities, which includes traditional preferred stocks and taxable preferred securities.
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