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

Key Points

• The Flaherty & Crumrine Preferred and Income Fund Inc. has declared a monthly dividend of $0.0512 per share, with an annualized yield of 6.2%.
• Investors of record on September 23rd will receive the dividend payment on September 30th, with the ex-dividend date also set for September 23rd.
• PFO shares opened at $9.83 and have a one-year performance range of $8.01 to $9.85.

Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFO - Get Free Report) announced a monthly dividend on Wednesday, July 23rd. Investors of record on Tuesday, September 23rd will be given a dividend of 0.0512 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Tuesday, September 23rd.

Flaherty & Crumrine Preferred and Income Fund Stock Performance

Shares of PFO traded down $0.06 on Tuesday, reaching $9.77. The stock had a trading volume of 64,922 shares, compared to its average volume of 38,532. The firm has a 50-day moving average of $9.36 and a 200 day moving average of $9.13. Flaherty & Crumrine Preferred and Income Fund has a twelve month low of $8.01 and a twelve month high of $9.90.

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.