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 Thursday, October 17th,Wall Street Journal reports. Stockholders of record on Thursday, November 21st will be paid a dividend of 0.1151 per share on Friday, November 29th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 6.79%. The ex-dividend date of this dividend is Thursday, November 21st. This is a boost from Flaherty & Crumrine Dynamic Preferred and Income Fund’s previous monthly dividend of $0.11.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Performance

Flaherty & Crumrine Dynamic Preferred and Income Fund stock opened at $20.35 on Tuesday. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 52-week low of $16.93 and a 52-week high of $21.73. The stock’s 50 day moving average price is $20.94 and its two-hundred day moving average price is $19.88.

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.