Flaherty & Crumrine Preferred Income Fund Inc. (PFD) To Go Ex-Dividend on April 23rd

Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD) announced a monthly dividend on Friday, January 23rd. Shareholders of record on Thursday, April 23rd will be paid a dividend of 0.0672 per share by the real estate investment trust on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend is Thursday, April 23rd.

Flaherty & Crumrine Preferred Income Fund Stock Performance

PFD traded down $0.01 during midday trading on Tuesday, reaching $11.65. The company had a trading volume of 712 shares, compared to its average volume of 23,082. Flaherty & Crumrine Preferred Income Fund has a 1 year low of $10.65 and a 1 year high of $12.16. The business has a 50-day moving average of $11.57 and a two-hundred day moving average of $11.75.

Flaherty & Crumrine Preferred Income Fund Company Profile

Flaherty & Crumrine Preferred Income Fund (NYSE: PFD) is a closed-end management investment company that seeks to provide shareholders with a high level of current income by investing primarily in preferred securities. The fund’s portfolio typically includes both U.S. and global preferred stocks, hybrid capital instruments and other fixed-income securities that pay fixed or adjustable dividends. It may also invest in investment-grade and below-investment-grade issues to capture yield opportunities across credit quality tiers.

Since its inception in 2006, PFD has aimed to deliver attractive after-tax total returns by actively managing interest-rate and credit-risk exposure.