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

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) declared a monthly dividend on Thursday, July 23rd. Stockholders of record on Friday, October 23rd will be paid a dividend of 0.1314 per share on Friday, October 30th. This represents a c) annualized dividend and a dividend 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%

Shares of Flaherty & Crumrine Dynamic Preferred and Income Fund stock opened at $20.75 on Friday. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 52 week low of $19.56 and a 52 week high of $22.11. The firm has a fifty day moving average of $20.55 and a two-hundred day moving average of $20.90.

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.