Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated Declares Dividend for the Months of May, June and July 2018, Payable on May 31, 2018, June 29, 2018 and July 31, 2018
April 18, 2018 at 06:31 pm
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Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated declared dividend of $0.148 per share for the month of May, $0.148 per share for the month of June and $0.148 per share for the month of July 2018. The dividend will be payable on May 31, 2018, June 29, 2018 and July 31, 2018 to the holders of record on May 23, 2018, June 22, 2018 and July 24, 2018 and the ex-dividend date is May 22, 2018, June 21, 2018 and July 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 Incorporated Declares Dividend for the Months of May, June and July 2018, Payable on May 31, 2018, June 29, 2018 and July 31, 2018