Flaherty & Crumrine Preferred and Income Fund Inc. Announces Monthly Dividend of $0.03 (NYSE:PFO)

by · The Cerbat Gem

Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFO – Get Free Report) declared a monthly dividend on Thursday, December 11th. Shareholders of record on Tuesday, December 23rd will be given a dividend of 0.0298 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, December 23rd.

Flaherty & Crumrine Preferred and Income Fund Price Performance

Shares of NYSE:PFO traded down $0.05 on Friday, reaching $9.44. The company’s stock had a trading volume of 47,791 shares, compared to its average volume of 37,538. Flaherty & Crumrine Preferred and Income Fund has a 52-week low of $8.01 and a 52-week high of $9.90. The stock’s 50-day moving average is $9.60 and its two-hundred day moving average is $9.41.

About Flaherty & Crumrine Preferred and Income Fund

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Flaherty & Crumrine Preferred Income Opportunity 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 stocks of companies operating in the financial services sector.

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