Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. Declares Dividend for the Months of February, March and April 2021, Payable on February 26, 2021, March 31, 2021, April 30, 2021, Respectively
January 20, 2021 at 05:00 pm EST
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The Boards of Directors of Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. declared dividend of $0.1650 per share for the month of February, March and April 2021, payable on February 26, 2021, March 31, 2021, April 30, 2021, respectively with record date of February 19, 2021, March 24, 2021, April 23, 2021 and ex-dividend date of February 18, 2021, March 23, 2021, April 22, 2021, respectively.
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 February, March and April 2021, Payable on February 26, 2021, March 31, 2021, April 30, 2021, Respectively