Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) Shares Bought by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC raised its stake in Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,789 shares of the company’s stock after acquiring an additional 1,738 shares during the period. Samalin Investment Counsel LLC’s holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund were worth $813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. MeadowBrook Investment Advisors LLC boosted its stake in Flaherty & Crumrine Dynamic Preferred and Income Fund by 45.1% in the fourth quarter. MeadowBrook Investment Advisors LLC now owns 1,770 shares of the company’s stock valued at $35,000 after acquiring an additional 550 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 55.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,800 shares of the company’s stock valued at $56,000 after buying an additional 1,000 shares during the last quarter. Westside Investment Management Inc. purchased a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund in the fourth quarter valued at about $33,000. Principal Securities Inc. raised its holdings in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 5.4% in the fourth quarter. Principal Securities Inc. now owns 34,478 shares of the company’s stock valued at $687,000 after buying an additional 1,775 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its holdings in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 11.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 18,250 shares of the company’s stock valued at $364,000 after buying an additional 1,918 shares during the last quarter.

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

Shares of NYSE:DFP opened at $20.51 on Friday. The company has a 50-day simple moving average of $20.43 and a 200-day simple moving average of $20.58. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a one year low of $17.78 and a one year high of $21.73.

Flaherty & Crumrine Dynamic Preferred and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd will be issued a $0.1151 dividend. The ex-dividend date is Wednesday, April 23rd. This represents a $1.38 dividend on an annualized basis and a dividend yield of 6.74%.

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.