Flaherty & Crumrine Preferred and Income Fund Inc. (PFO) To Go Ex-Dividend on June 23rd

Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFO) announced a monthly dividend on Thursday, April 16th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.0556 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Flaherty & Crumrine Preferred and Income Fund Price Performance

Shares of Flaherty & Crumrine Preferred and Income Fund stock opened at $9.36 on Friday. The company’s 50-day moving average price is $9.32 and its 200-day moving average price is $9.49. Flaherty & Crumrine Preferred and Income Fund has a 12-month low of $8.01 and a 12-month high of $9.90.

Flaherty & Crumrine Preferred and Income Fund Company Profile

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.