Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFO – Get Free Report) declared a monthly dividend on Thursday, December 11th. Investors of record on Tuesday, December 23rd will be paid a dividend of 0.0298 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, December 23rd.
Flaherty & Crumrine Preferred and Income Fund Stock Up 0.1%
PFO opened at $9.45 on Friday. Flaherty & Crumrine Preferred and Income Fund has a one year low of $8.01 and a one year high of $9.90. The business has a 50 day simple moving average of $9.57 and a two-hundred day simple moving average of $9.44.
About Flaherty & Crumrine Preferred and Income Fund
Flaherty & Crumrine Preferred and Income Fund (NYSE:PFO) is a closed-end management investment company designed to provide investors with a high level of current income. The fund focuses its portfolio primarily on preferred and participating securities, including traditional preferred shares, convertible preferred instruments, trust preferred issues and other hybrid securities issued by corporations and financial institutions.
Through broad diversification across industry sectors and geographies, PFO aims to manage credit and interest-rate risk while pursuing attractive yield opportunities.
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