Flaherty & Crumrine Preferred Income Fund Inc. Declares Monthly Dividend of $0.06 (NYSE:PFD)

Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFDGet Free Report) announced a monthly dividend on Thursday, April 18th, Wall Street Journal reports. Shareholders of record on Thursday, May 23rd will be paid a dividend of 0.0583 per share by the real estate investment trust on Friday, May 31st. This represents a $0.70 dividend on an annualized basis and a yield of 6.75%. The ex-dividend date of this dividend is Wednesday, May 22nd.

Flaherty & Crumrine Preferred Income Fund has decreased its dividend by an average of 10.7% per year over the last three years and has raised its dividend annually for the last 1 consecutive years.

Flaherty & Crumrine Preferred Income Fund Trading Up 0.0 %

Shares of PFD stock opened at $10.37 on Monday. The business’s 50 day moving average is $10.29 and its two-hundred day moving average is $10.10. Flaherty & Crumrine Preferred Income Fund has a twelve month low of $8.53 and a twelve month high of $10.70.

Flaherty & Crumrine Preferred Income Fund Company Profile

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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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Dividend History for Flaherty & Crumrine Preferred Income Fund (NYSE:PFD)

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