Dividend Information About Flaherty & Crumrine Preferred & Income Fund: Everything You Need to Know Before the Ex-Dividend Date of Sep 23, 2025

Flaherty & Crumrine Preferred & Income Fund (PFD) recently announced a new dividend of $0.0628 per share, with an ex-dividend date of Sep 23, 2025, and a payment date of Sep 30, 2025. The dividend was declared on Jul 23, 2025, and it represents a decrease compared to the average of the last 10 dividend payments, which stood at $0.0837 per share. This marks a notable decline in the fund’s payout. The company has also previously issued a dividend of $0.0628 per share on Aug 29, 2025, with a cash dividend type. Investors should note that the upcoming dividend is expected to be the second consecutive payout at this reduced level, signaling a potential shift in the fund’s current income strategy.

Over the past week, PFD has been the subject of several key developments that could impact its operations and market performance. One notable update involves its investment focus, as the fund continues to emphasize high current income while prioritizing capital preservation. Analysts indicated that PFD remains committed to investing in public equity markets, particularly in the financial services sector, including banks, insurance firms, and REITs. Another significant development relates to the fund’s dividend structure, as it maintains a monthly payout schedule with an annualized dividend of $0.73 per share, translating to a yield of 6.05%. Recent reports suggested that PFD’s dividend yield remains attractive compared to its peers, although the recent reduction in per-share payouts has raised questions about the sustainability of its current income strategy. Lastly, PFD’s next ex-dividend date has drawn attention from income-focused investors, with expectations that the fund will continue to offer competitive yields despite the recent decrease in payout levels.

In conclusion, investors considering PFD should closely monitor the fund’s evolving dividend strategy and its positioning in the financial services sector. With a yield of 6.05% and a consistent monthly dividend schedule, PFD continues to appeal to those seeking regular income. However, the recent reduction in per-share payouts suggests that the fund may be adjusting to broader market conditions. It is important to note that the ex-dividend date of Sep 23, 2025, marks the last day investors can purchase shares to be eligible for this dividend payment; any purchases made after this date will not qualify for the distribution.