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

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) declared a monthly dividend on Wednesday, July 22nd. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.1314 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Wednesday, September 23rd.

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

Shares of DFP opened at $20.75 on Friday. The stock has a 50 day moving average of $20.55 and a 200 day moving average of $20.90. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 12 month low of $19.56 and a 12 month high of $22.11.

About Flaherty & Crumrine Dynamic Preferred and Income Fund

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.