Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) Plans $0.11 Monthly Dividend

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) declared a monthly dividend on Tuesday, July 23rd, Wall Street Journal reports. Investors of record on Thursday, October 24th will be paid a dividend of 0.1122 per share on Thursday, October 31st. This represents a $1.35 annualized dividend and a yield of 6.47%. The ex-dividend date of this dividend is Thursday, October 24th.

Flaherty & Crumrine Dynamic Preferred and Income Fund Price Performance

DFP stock opened at $20.80 on Wednesday. The firm has a 50 day moving average of $20.83 and a two-hundred day moving average of $19.58. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 12 month low of $15.45 and a 12 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.