Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) to Issue Monthly Dividend of $0.13 on January 30th

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) announced a monthly dividend on Thursday, December 11th. Stockholders of record on Friday, January 23rd will be given a dividend of 0.127 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, January 23rd.

Flaherty & Crumrine Dynamic Preferred and Income Fund Price Performance

NYSE DFP opened at $21.05 on Wednesday. The stock’s fifty day moving average price is $21.05 and its 200 day moving average price is $21.17. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 1 year low of $18.20 and a 1 year high of $22.11.

About Flaherty & Crumrine Dynamic Preferred and Income Fund

Flaherty & Crumrine Dynamic Preferred and Income Fund (NYSE: DFP) is a closed-end management investment company that seeks to provide current income and total return primarily through investments in preferred securities. The fund pursues a dynamic approach, adjusting portfolio duration and credit exposure in response to changing market conditions in order to enhance yield and manage risk. Its flexible mandate also allows allocations to common stocks, convertible securities and select debt instruments when opportunistic.

DFP’s portfolio generally comprises U.S.