Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) Shares Set to Pay Monthly Dividend of $0.13

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) declared a monthly dividend on Thursday, October 22nd. Stockholders of record on Friday, November 20th will be paid a dividend of $0.1314 per share on Monday, November 30th. This represents a $1.58 annualized dividend and a dividend yield of 8.6%. The ex-dividend date of this dividend is Friday, November 20th.

Flaherty & Crumrine Dynamic Preferred and Income Fund Price Performance

Flaherty & Crumrine Dynamic Preferred and Income Fund stock traded down $0.21 during trading on Friday, reaching $18.40. The company had a trading volume of 10,092 shares, compared to its average volume of 58,626. The firm’s 50-day simple moving average is $19.63 and its 200 day simple moving average is $20.31. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 1-year low of $18.40 and a 1-year high of $22.05.

About Flaherty & Crumrine Dynamic Preferred and Income Fund

Flaherty & Crumrine Dynamic Preferred and Income Fund, Inc is a closed-end investment fund listed on the New York Stock Exchange under the symbol DFP. The fund seeks to provide current income and total return by investing primarily in preferred securities and other income-producing investments.

The fund’s portfolio may include preferred stocks, hybrid securities, corporate debt and other fixed-income instruments issued by companies in sectors such as financial services, utilities and real estate.