Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. Declares Dividend for May, June and July, Payable on May 29, 2020, June 30, 2020 and July 31, 2020 Respectively
April 24, 2020 at 12:30 pm
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Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. declared dividend of $0.1505 per share for May, June and July, 2020. May dividend payment date is May 29, 2020, record date is May 22, 2020 and ex-dividend date is May 21, 2020. June dividend payment date is June 30, 2020, record date is June 23, 2020 and ex-dividend date is June 22, 2020. July dividend payment date is July 31, 2020, record date is July 24, 2020 and ex-dividend date is July 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 May, June and July, Payable on May 29, 2020, June 30, 2020 and July 31, 2020 Respectively