Flaherty & Crumrine Preferred and Income Fund Inc. (PFO) To Go Ex-Dividend on November 20th

Flaherty & Crumrine Preferred and Income Fund Inc. (NYSE:PFO) announced a monthly dividend on Thursday, October 22nd. Shareholders of record on Friday, November 20th will be paid a dividend of $0.0567 per share on Monday, November 30th. This represents a $0.68 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Friday, November 20th.

Flaherty & Crumrine Preferred and Income Fund Trading Down 0.4%

NYSE:PFO traded down $0.04 on Friday, hitting $8.45. The stock had a trading volume of 33,200 shares, compared to its average volume of 36,077. Flaherty & Crumrine Preferred and Income Fund has a 1 year low of $8.42 and a 1 year high of $9.80. The firm’s fifty day simple moving average is $8.79 and its two-hundred day simple moving average is $9.04.

Flaherty & Crumrine Preferred and Income Fund Company Profile

Flaherty & Crumrine Preferred and Income Fund is a closed-end management investment company listed on the New York Stock Exchange under the symbol PFO. The fund seeks to provide investors with high current income and, as a secondary objective, capital appreciation.

The fund invests primarily in preferred securities and other income-producing investments. Its portfolio may include preferred stocks, hybrid securities, corporate debt and other fixed-income instruments issued by financial institutions, utilities and other companies.