Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) Plans Monthly Dividend of $0.13

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) announced a monthly dividend on Thursday, July 23rd. Investors of record on Friday, October 23rd will be given a dividend of 0.1314 per share on Friday, October 30th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Friday, October 23rd.

Flaherty & Crumrine Dynamic Preferred and Income Fund Trading Down 1.4%

DFP stock opened at $20.75 on Friday. The business’s fifty day moving average price is $20.55 and its two-hundred day moving average price is $20.90. Flaherty & Crumrine Dynamic Preferred and Income Fund has a fifty-two week low of $19.56 and a fifty-two week high of $22.11.

Flaherty & Crumrine Dynamic Preferred and Income Fund Company Profile

Flaherty & Crumrine Dynamic Preferred and Income Fund (NYSE: DFP) is a closed-end management investment company that seeks to provide current income and total return primarily through investments in preferred securities. The fund pursues a dynamic approach, adjusting portfolio duration and credit exposure in response to changing market conditions in order to enhance yield and manage risk. Its flexible mandate also allows allocations to common stocks, convertible securities and select debt instruments when opportunistic.

DFP’s portfolio generally comprises U.S.