Flaherty & Crumrine Preferred Income Fund Inc. (PFD) To Go Ex-Dividend on November 20th

Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD) declared a monthly dividend on Thursday, October 22nd. Investors of record on Friday, November 20th will be given a dividend of $0.0703 per share by the real estate investment trust on Monday, November 30th. This represents a $0.84 dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend is Friday, November 20th.

Flaherty & Crumrine Preferred Income Fund Price Performance

Shares of NYSE:PFD traded down $0.15 during midday trading on Friday, hitting $10.33. The stock had a trading volume of 31,552 shares, compared to its average volume of 26,663. The company’s 50-day moving average price is $10.93 and its 200-day moving average price is $11.29. Flaherty & Crumrine Preferred Income Fund has a fifty-two week low of $10.31 and a fifty-two week high of $12.10.

Flaherty & Crumrine Preferred Income Fund Company Profile

Flaherty & Crumrine Preferred Income Fund (NYSE: PFD) is a closed-end investment fund managed by Flaherty & Crumrine Incorporated. The fund seeks to provide investors with high current income and, to a lesser extent, opportunities for capital appreciation.

The fund invests primarily in preferred securities issued by financial institutions, utilities, telecommunications companies and other corporations. Its portfolio may also include other income-producing securities, such as hybrid securities, corporate debt and convertible securities.