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

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) announced a monthly dividend on Thursday, April 16th. Investors of record on Friday, July 24th will be given a dividend of 0.1295 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date of this dividend is Friday, July 24th.

Flaherty & Crumrine Dynamic Preferred and Income Fund Trading Up 0.1%

NYSE:DFP opened at $20.91 on Friday. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 52-week low of $19.09 and a 52-week high of $22.11. The business’s fifty day moving average is $21.03 and its 200 day moving average is $21.20.

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.