Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) Announces Monthly Dividend of $0.12

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) declared a monthly dividend on Friday, January 24th,Wall Street Journal reports. Investors of record on Wednesday, April 23rd will be given a dividend of 0.1151 per share on Wednesday, April 30th. This represents a $1.38 dividend on an annualized basis and a yield of 6.77%. The ex-dividend date of this dividend is Wednesday, April 23rd.

Flaherty & Crumrine Dynamic Preferred and Income Fund Trading Up 0.2 %

Shares of Flaherty & Crumrine Dynamic Preferred and Income Fund stock traded up $0.04 during trading hours on Friday, reaching $20.41. 25,003 shares of the company’s stock were exchanged, compared to its average volume of 38,060. The company has a 50 day moving average of $20.29 and a two-hundred day moving average of $20.36. Flaherty & Crumrine Dynamic Preferred and Income Fund has a fifty-two week low of $17.78 and a fifty-two week high of $21.73.

Flaherty & Crumrine Dynamic Preferred and Income Fund Company Profile

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.