Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. Declares Dividend for the Months of August, September and October 2018, Payable on August 31, 2018, September 28, 2018 and October 31, 2018, Respectively
July 19, 2018 at 03:33 pm
Share
Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. declared dividend of $0.148 per share for the month of August, $0.148 per share for the month of September and $0.148 per share for the month of October 2018. The dividend will be payable on August 31, 2018, September 28, 2018 and October 31, 2018 to the holders of record on August 24, 2018, September 21, 2018 and October 24, 2018 and the ex-dividend date is on August 23, 2018, September 20, 2018 and October 23, 2018.
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 2018, Payable on August 31, 2018, September 28, 2018 and October 31, 2018, Respectively