Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. Declares Dividend for August, September and October, 2020, Payable on August 31, 2020, September 30, 2020 and October 30, 2020 Respectively
July 22, 2020 at 05:04 pm
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Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. declared dividend of $0.165 per share for August, September and October, 2020. Payment dates are August 31, 2020, September 30, 2020 and October 30, 2020, record dates are August 24, 2020, September 23, 2020 and October 23, 2020 and ex-dividend dates are August 21, 2020, September 22, 2020 and October 22, 2020 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 August, September and October, 2020, Payable on August 31, 2020, September 30, 2020 and October 30, 2020 Respectively