Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. Declares Dividend for the Months of December 2019 and January 2020, Payable on December 31, 2019 and January 31, 2020 Respectively
December 10, 2019 at 05:00 pm EST
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Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. declared dividend of $0.1430 per share for the month of December 2019, payable on December 31, 2019 with record date on December 23, 2019 and Ex-dividend date is on December 20, 2019.
The company declared dividend of $0.1430 per share for the month of January 2020, payable on January 31, 2020 with record date on January 24, 2020 and Ex-dividend date is on January 23, 2020.
Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is to seek total return, with an emphasis on high current income. The Fund invests at least 80% of its Managed Assets in a portfolio of preferred and other income-producing securities issued by the United States (U.S.) and non-U.S. companies, including traditional preferred stock, hybrid and trust preferred securities that have characteristics of both equity and debt securities, contingent capital securities, subordinated debt, and senior debt. The Fund invests in various sectors, such as banking, financial services, insurance, utilities, energy, communication, and real estate investment trust (REIT). The investment manager of the Fund is Flaherty & Crumrine Incorporated.
Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. Declares Dividend for the Months of December 2019 and January 2020, Payable on December 31, 2019 and January 31, 2020 Respectively