Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFO – Get Free Report) announced a monthly dividend on Wednesday, July 22nd. Shareholders of record on Friday, October 23rd will be given a dividend of $0.0567 per share on Friday, October 30th. This represents a $0.68 annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend is Friday, October 23rd.
Flaherty & Crumrine Preferred and Income Fund Stock Down 0.1%
PFO opened at $8.46 on Wednesday. The stock has a 50-day moving average price of $8.83 and a 200-day moving average price of $9.06. Flaherty & Crumrine Preferred and Income Fund has a 1 year low of $8.45 and a 1 year high of $9.80.
About Flaherty & Crumrine Preferred and Income Fund
Flaherty & Crumrine Preferred and Income Fund is a closed-end management investment company listed on the New York Stock Exchange under the symbol PFO. The fund seeks to provide investors with high current income and, as a secondary objective, capital appreciation.
The fund invests primarily in preferred securities and other income-producing investments. Its portfolio may include preferred stocks, hybrid securities, corporate debt and other fixed-income instruments issued by financial institutions, utilities and other companies.
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