Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFO) Declares $0.05 Monthly Dividend

Key Points

• Flaherty & Crumrine Preferred and Income Fund Inc. has declared a monthly dividend of $0.0512 per share, payable on October 31st to stockholders of record on October 24th.
• The dividend annualizes to $0.61, representing a dividend yield of 6.68%.
• The stock is currently trading at $9.20, with a one-year range between $8.01 and $9.54.

Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFO - Get Free Report) declared a monthly dividend on Friday, July 25th, Wall Street Journal reports. Stockholders of record on Friday, October 24th will be given a dividend of 0.0512 per share on Friday, October 31st. This represents a $0.61 dividend on an annualized basis and a dividend yield of 6.68%. The ex-dividend date of this dividend is Friday, October 24th.

Flaherty & Crumrine Preferred and Income Fund Trading Down 0.6%

NYSE PFO opened at $9.20 on Friday. Flaherty & Crumrine Preferred and Income Fund has a one year low of $8.01 and a one year high of $9.54. The stock has a 50 day moving average price of $9.14 and a 200-day moving average price of $9.06.

Flaherty & Crumrine Preferred and Income Fund Company Profile

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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