Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) to Issue Dividend Increase – $0.12 Per Share

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFPGet Free Report) announced a monthly dividend on Wednesday, January 22nd,NASDAQ Dividends reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.1151 per share on Friday, February 28th. This represents a $1.38 annualized dividend and a dividend yield of 6.74%. The ex-dividend date is Friday, February 21st. This is an increase from Flaherty & Crumrine Dynamic Preferred and Income Fund’s previous monthly dividend of $0.03.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Performance

NYSE DFP traded up $0.10 during trading hours on Thursday, hitting $20.49. 60,624 shares of the company’s stock traded hands, compared to its average volume of 38,987. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 52 week low of $17.78 and a 52 week high of $21.73. The business’s fifty day moving average price is $20.29 and its two-hundred day moving average price is $20.36.

Flaherty & Crumrine Dynamic Preferred and Income Fund Company Profile

(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.

Read More

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.