Flaherty & Crumrine Preferred Income Fund Inc. Declares Dividend for the Months of February, March and April 2018, Payable on Feb. 28, 2018, Mar. 29, 2018 and Apr. 30, 2018
January 24, 2018 at 04:23 pm EST
Share
Flaherty & Crumrine Preferred Income Fund Inc. declared dividend of $0.078 per share for the month of February, $0.078 per share for the month of March and $0.078 per share for the month of April 2018. The dividend will be payable on Feb. 28, 2018, Mar. 29, 2018 and Apr. 30, 2018 to the holders of record on Feb. 21, 2018, Mar. 22, 2018 and Apr. 23, 2018 and the ex-dividend date is Feb. 20, 2018, Mar. 21, 2018 and Apr. 20, 2018.
Flaherty & Crumrine Preferred & Income Fund Inc. (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. The Fund's invests in a portfolio of preferred securities. Under normal market conditions, the Fund invests at least 80% of its managed assets in a portfolio of preferred and other income-producing securities. Preferred and other income-producing securities include traditional preferred stock, trust preferred securities, hybrid securities that have characteristics of both equity and debt securities, contingent capital securities (CoCos), subordinated debt and senior debt. The Fund invests at least 25% of its total assets in the financial sector, which comprises banks, financial services, consumer finance, and brokerage and real estate investment trust industries. Flaherty & Crumrine Incorporated is the Fund's investment advisor.
Flaherty & Crumrine Preferred Income Fund Inc. Declares Dividend for the Months of February, March and April 2018, Payable on Feb. 28, 2018, Mar. 29, 2018 and Apr. 30, 2018
FLAHERTY & CRUMRINE PREFERRED INCOME FUND INC. 
