Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. Declares Dividend for the Months of August, September and October 2019, Payable on August 30, 2019, September 30, 2019 and October 31, 2019, Respectively
July 18, 2019 at 02:38 pm
Share
Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. declared dividend of $0.143 per share for the month of August, $0.143
per share for the month of September and $0.143 per share for the month of October 2019. The dividend will be payable on August 30, 2019, September 30, 2019 and October 31, 2019 to the holders of record on August 23, 2019, September 23, 2019 and October 24, 2019 and the ex-dividend date is on August 22, 2019, September 20, 2019 and October 23, 2019.
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 August, September and October 2019, Payable on August 30, 2019, September 30, 2019 and October 31, 2019, Respectively