Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) to Issue — Dividend of $0.15

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) announced a — dividend on Thursday, December 12th,Wall Street Journal reports. Stockholders of record on Friday, January 24th will be given a dividend of 0.1471 per share on Friday, January 31st. This represents a dividend yield of 6.7%. The ex-dividend date of this dividend is Friday, January 24th.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Up 0.2 %

Shares of DFP opened at $20.44 on Wednesday. The stock’s fifty day simple moving average is $20.29 and its 200-day simple moving average is $20.36. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 12-month low of $17.78 and a 12-month high of $21.73.

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.