Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) To Go Ex-Dividend on August 23rd

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) declared a monthly dividend on Friday, July 19th, NASDAQ reports. Shareholders of record on Friday, August 23rd will be given a dividend of 0.1122 per share on Friday, August 30th. This represents a $1.35 annualized dividend and a yield of 6.76%. The ex-dividend date of this dividend is Friday, August 23rd. This is a positive change from Flaherty & Crumrine Dynamic Preferred and Income Fund’s previous monthly dividend of $0.11.

Flaherty & Crumrine Dynamic Preferred and Income Fund has decreased its dividend payment by an average of 10.8% annually over the last three years.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Performance

Shares of Flaherty & Crumrine Dynamic Preferred and Income Fund stock traded up $0.07 during trading hours on Wednesday, reaching $19.92. The company’s stock had a trading volume of 28,594 shares, compared to its average volume of 52,817. Flaherty & Crumrine Dynamic Preferred and Income Fund has a one year low of $15.45 and a one year high of $20.00. The firm has a 50 day moving average price of $19.36 and a 200-day moving average price of $18.88.

About Flaherty & Crumrine Dynamic Preferred and Income Fund

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc is a closed ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.