Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) To Go Ex-Dividend on May 22nd

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) announced a dividend on Wednesday, May 22nd, investing.com reports. Stockholders of record on Thursday, May 23rd will be given a dividend of 0.1107 per share on Friday, May 31st. This represents a dividend yield of 7.03%. The ex-dividend date of this dividend is Wednesday, May 22nd. This is a positive change from Flaherty & Crumrine Dynamic Preferred and Income Fund’s previous dividend of $0.10.

Flaherty & Crumrine Dynamic Preferred and Income Fund has decreased its dividend payment by an average of 10.8% per year over the last three years and has raised its dividend every year for the last 1 years.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Down 1.2 %

Shares of NYSE DFP opened at $18.56 on Friday. The stock has a fifty day moving average price of $18.62 and a 200 day moving average price of $18.24. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 1-year low of $15.45 and a 1-year high of $19.31.

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.