Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) to Issue Monthly Dividend of $0.12 on November 29th

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFPGet Free Report) 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 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 Up 0.5 %

DFP opened at $20.35 on Tuesday. 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 has a 12-month low of $16.93 and a 12-month high of $21.73.

About Flaherty & Crumrine Dynamic Preferred and Income Fund

(Get Free Report)

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.

See Also

Dividend History for Flaherty & Crumrine Dynamic Preferred and Income Fund (NYSE:DFP)

Receive News & Ratings for Flaherty & Crumrine Dynamic Preferred and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flaherty & Crumrine Dynamic Preferred and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.