Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) to Issue Monthly Dividend of $0.13 on March 31st

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) announced a monthly dividend on Friday, January 23rd. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.127 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Tuesday, March 24th.

Flaherty & Crumrine Dynamic Preferred and Income Fund Trading Down 1.7%

Shares of Flaherty & Crumrine Dynamic Preferred and Income Fund stock opened at $20.24 on Friday. Flaherty & Crumrine Dynamic Preferred and Income Fund has a twelve month low of $18.20 and a twelve month high of $22.11. The business’s 50 day simple moving average is $21.38 and its 200-day simple moving average is $21.36.

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.