Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) Announces Dividend Increase – $0.12 Per Share

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) declared a monthly dividend on Wednesday, January 22nd,NASDAQ Dividends reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.1151 per share on Friday, February 28th. This represents a $1.38 annualized dividend and a dividend yield of 6.68%. The ex-dividend date is Friday, February 21st. This is an increase from Flaherty & Crumrine Dynamic Preferred and Income Fund’s previous monthly dividend of $0.03.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Down 0.1 %

DFP stock opened at $20.69 on Wednesday. The business’s 50-day moving average price is $20.31 and its 200-day moving average price is $20.49. Flaherty & Crumrine Dynamic Preferred and Income Fund has a twelve month low of $17.78 and a twelve month 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.