Flaherty & Crumrine Preferred Income Fund Inc. (PFD)
| Market Value | 143.69M |
| Revenue (ttm) | 16.17M |
| Net Income (ttm) | 23.47M |
| Shares Out | 12.85M |
| EPS (ttm) | 1.83 |
| PE Ratio | 6.12 |
| Forward PE | n/a |
| Dividend | $0.73 (6.55%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 34,092 |
| Open | 11.29 |
| Previous Close | 11.27 |
| Day's Range | 11.18 - 11.29 |
| 52-Week Range | 9.42 - 12.08 |
| Beta | 0.88 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About PFD
Flaherty & Crumrine Preferred Income 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 the stocks of companies operating in the financials sector. The fund primarily invests in preferred securities. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Index and S&P 500 Index. Flaherty & Crumrine Preferred Income Fund Inc was formed on September 28, 1990 and is domiciled in... [Read more]
News
PFD, PFO, FFC, FLC and DFP Announce November Dividends
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
PFD: Things Are Looking Up, But This Fund's Current Yield Is Low
The Flaherty & Crumrine Preferred Income Fund has a much lower yield than its peers, but its overall performance over the past year has been admirable. The PFD closed-end fund's distribution has incre...
PFD, PFO, FFC, FLC and DFP Announce August, September and October Dividends
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
PFD, PFO, FFC, FLC and DFP Announce May, June and July Dividends
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
CEF Weekly Review: Take Care With Total NAV Returns
We review CEF market valuation and performance through the fourth week of January and highlight recent market action. All sectors were up for the week, with MLPs and Preferreds leading the way. Invest...
PFD, PFO, FFC, FLC and DFP Announce February, March and April Dividends
PASADENA, Calif--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpora...
PFD, PFO, FFC, FLC and DFP Announce December and January Dividends
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
PFD, PFO, FFC, FLC and DFP Announce November Distributions
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
PFD: Could Be Oversold As This 6.90%-Yielding Fund Trades At A Huge Discount
Flaherty & Crumrine Preferred Income Fund's yield is lower than some other fixed-income closed-end funds, but still offers a high level of current income. The PFD closed-end fund's share price has bee...
PFD Vs. FLC: Outlook For Preferred CEFs
We had suggested a trade for these two preferred CEFs from Flaherty and Crumrine. We examine where that stands today and update that recommendation.
CEF Weekly Review: 'Best-Of-Breed' Designation Is Usually An Admission Of Ignorance
We review CEF market valuation and performance through the last week of April and highlight recent market action. CEFs had a strong week to claw back some losses and finish April broadly flat.
Preferred Closed-End Funds: Out Of The Frying Pan Into The Fire
Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising interest rates, the latest banking failures sent preferr...
Battle Of The Preferred CEFs: Sell PFD, Buy FLC
Flaherty & Crumrine family has delivered strong risk adjusted returns for preferred shares. We examine two of their funds today and see where they stand relative to each other.
5 Best CEFs To Buy This Month (November 2022)
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are g...
CEF Weekly Review: Rising Leverage Costs Remain A Headwind For Some Funds
We review CEF market valuation and performance through the last week of September and highlight recent market action. September was the worst month for CEFs since March of 2020, with a double-digit dr...
PFD, PFO, FFC, FLC and DFP Announce October and November Dividends
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
PFD, PFO, FFC, FLC and DFP Announce August and September Dividends
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
PFO And PFD: Preferred Share Funds Cut Distribution Again
Everyone loves a regular distribution but nobody loves a cut, however small it may be. These cuts were extremely easy to predict considering the avalanche of challenges for PFO and PFD.
DFP, PFD And FLC: Did You Enjoy Your Free Lunch?
When we last covered the Flaherty & Crumrine funds, we provided a free lunch. It was a simple but brilliant call that saved a lot of money.
DFP, PFD And FFC: Where Is My Free Lunch?
Flaherty & Crumrine is an outfit that has produced some exceptional funds. We have covered two of their funds previously and now we look at a third.
Closed-End Funds: A Check-Up On The Preferred Space
Today, we are taking a refreshed look at the preferred closed-end fund space. We see that the entire space has become more expensive, yet at the same time, distribution yields have dropped - this is m...
PFD: Preferred Share CEF Moves Back Into Sell Zone
Flaherty & Crumrine Preferred and Income has had an interesting 12 months.
PFD: How To Lose 4 Years Of Distributions In 6 Months
We have had a bearish opinion on Flaherty & Crumrine Preferred Income.
Preferreds CEF Sector Adds Borrowings To Boost Income
A recovery in credit spreads and a drop in Treasury yields have buoyed the prices of preferred stocks and sector CEF NAVs. This has allowed preferred CEFs to increase borrowings this year which drives...