Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP – Get Free Report) announced a monthly dividend on Monday, April 22nd, Wall Street Journal reports. Investors of record on Wednesday, July 24th will be given a dividend of 0.1107 per share on Wednesday, July 31st. This represents a $1.33 annualized dividend and a dividend yield of 7.38%. The ex-dividend date of this dividend is Wednesday, July 24th.
Flaherty & Crumrine Dynamic Preferred and Income Fund has decreased its dividend by an average of 8.3% annually over the last three years and has increased its dividend annually for the last 1 consecutive years.
Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Up 0.4 %
Flaherty & Crumrine Dynamic Preferred and Income Fund stock opened at $18.01 on Tuesday. Flaherty & Crumrine Dynamic Preferred and Income Fund has a one year low of $15.45 and a one year high of $19.31. The business’s fifty day moving average is $18.67 and its 200 day moving average is $17.85.
About Flaherty & Crumrine Dynamic Preferred and Income Fund
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.
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