Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFO - Get Free Report) announced a monthly dividend on Thursday, July 24th, Wall Street Journal reports. Investors 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 annualized dividend and a yield of 6.67%. The ex-dividend date is Friday, October 24th. This is a 1.4% increase from Flaherty & Crumrine Preferred and Income Fund's previous monthly dividend of $0.05.
Flaherty & Crumrine Preferred and Income Fund Stock Up 0.2%
PFO traded up $0.02 during trading on Monday, hitting $9.21. The company's stock had a trading volume of 43,919 shares, compared to its average volume of 40,078. Flaherty & Crumrine Preferred and Income Fund has a twelve month low of $8.01 and a twelve month high of $9.54. The business's fifty day simple moving average is $9.15 and its 200 day simple moving average is $9.06.
Flaherty & Crumrine Preferred and Income Fund Company Profile
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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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