Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD – Get Free Report) announced a monthly dividend on Friday, October 17th. Investors of record on Thursday, November 20th will be given a dividend of 0.0647 per share by the real estate investment trust on Friday, November 28th. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend is Thursday, November 20th. This is a 3.0% increase from Flaherty & Crumrine Preferred Income Fund’s previous monthly dividend of $0.06.
Flaherty & Crumrine Preferred Income Fund Price Performance
PFD opened at $11.75 on Tuesday. The company’s 50 day moving average price is $11.91 and its two-hundred day moving average price is $11.50. Flaherty & Crumrine Preferred Income Fund has a fifty-two week low of $10.22 and a fifty-two week high of $12.16.
Hedge Funds Weigh In On Flaherty & Crumrine Preferred Income Fund
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Whipplewood Advisors LLC bought a new stake in Flaherty & Crumrine Preferred Income Fund during the 2nd quarter worth approximately $43,000. Farther Finance Advisors LLC bought a new stake in Flaherty & Crumrine Preferred Income Fund during the third quarter worth $47,000. CreativeOne Wealth LLC bought a new stake in Flaherty & Crumrine Preferred Income Fund during the second quarter worth $115,000. Arlington Capital Management Inc. bought a new position in shares of Flaherty & Crumrine Preferred Income Fund in the first quarter valued at approximately $150,000. Finally, Signature Wealth Management Partners LLC bought a new position in Flaherty & Crumrine Preferred Income Fund in the 2nd quarter valued at $162,000.
Flaherty & Crumrine Preferred Income Fund Company Profile
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.
Featured Stories
- Five stocks we like better than Flaherty & Crumrine Preferred Income Fund
- What is the Australian Securities Exchange (ASX)
- 3 Companies to Watch as Natural Gas Stocks Make a Comeback
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Seagate Stock Could Soar as AI Drives Storage Demand
- Which Wall Street Analysts are the Most Accurate?
- Whirlpool’s Worst May Be Over—Upside Opportunity Ahead
Receive News & Ratings for Flaherty & Crumrine Preferred Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flaherty & Crumrine Preferred Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
