Flaherty & Crumrine Dynmc Prf&Inm Fd Inc (NYSE:DFP) declared a monthly dividend on Friday, January 25th, Wall Street Journal reports. Shareholders of record on Tuesday, April 23rd will be given a dividend of 0.143 per share on Tuesday, April 30th. This represents a $1.72 dividend on an annualized basis and a yield of 6.94%. The ex-dividend date is Monday, April 22nd.
Flaherty & Crumrine Dynmc Prf&Inm Fd has decreased its dividend payment by an average of 2.4% per year over the last three years.
Shares of NYSE DFP opened at $24.73 on Wednesday. Flaherty & Crumrine Dynmc Prf&Inm Fd has a 12-month low of $19.05 and a 12-month high of $24.80.
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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.
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