News stories about Flaherty & Crumrine Pref. Income Fd (NYSE:PFD) have been trending somewhat positive on Friday, according to Accern. The research group identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Flaherty & Crumrine Pref. Income Fd earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 46.8479708295861 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Flaherty & Crumrine Pref. Income Fd (NYSE:PFD) traded down $0.16 during trading on Friday, hitting $15.19. The stock had a trading volume of 32,800 shares, compared to its average volume of 24,261. Flaherty & Crumrine Pref. Income Fd has a fifty-two week low of $13.49 and a fifty-two week high of $16.34.
The business also recently declared a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Thursday, December 21st will be given a dividend of $0.082 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 6.48%. The ex-dividend date of this dividend is Wednesday, December 20th.
Flaherty & Crumrine Preferred Income Fund Incorporated is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a portfolio of preferred securities, which includes traditional preferred stocks and taxable preferred securities.
Receive News & Ratings for Flaherty & Crumrine Pref. Income Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flaherty & Crumrine Pref. Income Fd and related companies with MarketBeat.com's FREE daily email newsletter.