Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. Announces — Dividend of $0.12 (NYSE:DFP)

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) announced a — dividend on Monday, April 21st, Wall Street Journal reports. Stockholders of record on Thursday, July 24th will be paid a dividend of 0.1174 per share on Thursday, July 31st. This represents a dividend yield of 7.2%. The ex-dividend date is Thursday, July 24th.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Performance

Flaherty & Crumrine Dynamic Preferred and Income Fund stock opened at $19.12 on Tuesday. Flaherty & Crumrine Dynamic Preferred and Income Fund has a twelve month low of $17.86 and a twelve month high of $21.73. The company’s 50-day moving average price is $20.04 and its 200-day moving average price is $20.31.

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.