Flaherty & Crumrine Preferred Income Fund (PFD) Receives News Impact Rating of 0.33
Headlines about Flaherty & Crumrine Preferred Income Fund (NYSE:PFD) have trended positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Flaherty & Crumrine Preferred Income Fund earned a coverage optimism score of 0.33 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 45.8972759351371 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Flaherty & Crumrine Preferred Income Fund (NYSE:PFD) traded up $0.02 during trading on Friday, hitting $15.44. The stock had a trading volume of 33,983 shares, compared to its average volume of 30,727. Flaherty & Crumrine Preferred Income Fund has a 52 week low of $13.16 and a 52 week high of $16.34.
The company also recently announced a monthly dividend, which was paid on Thursday, November 30th. Stockholders of record on Wednesday, November 22nd were given a $0.082 dividend. This represents a $0.98 annualized dividend and a dividend yield of 6.37%. The ex-dividend date was Tuesday, November 21st.
About Flaherty & Crumrine Preferred Income Fund
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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