Flaherty & Crumrine Pref. Income Fd Inc. (PFD) to Issue Dividend of $0.08 on September 30th
Flaherty & Crumrine Pref. Income Fd Inc. (NYSE:PFD) declared a dividend on Thursday, July 18th, NASDAQ reports. Investors of record on Monday, September 23rd will be given a dividend of 0.075 per share by the real estate investment trust on Monday, September 30th. The ex-dividend date is Friday, September 20th.
Flaherty & Crumrine Pref. Income Fd has decreased its dividend payment by an average of 4.5% per year over the last three years.
Shares of PFD stock traded down $0.06 on Wednesday, hitting $15.09. The company’s stock had a trading volume of 254 shares, compared to its average volume of 28,400. The stock’s 50 day moving average is $15.02 and its 200-day moving average is $14.28. Flaherty & Crumrine Pref. Income Fd has a fifty-two week low of $10.74 and a fifty-two week high of $16.03.
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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