Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated Declares Dividend for the Months of February, March and April 2018, Payable on Feb. 28, 2018, Mar. 29, 2018 and Apr. 30, 2018
January 25, 2018 at 02:53 am IST
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Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated declared dividend of $0.148 per share for the month of February, $0.148 per share for the month of March and $0.148 per share for the month of April 2018. The dividend will be payable on Feb. 28, 2018, Mar. 29, 2018 and Apr. 30, 2018 to the holders of record on Feb. 21, 2018, Mar. 22, 2018 and Apr. 23, 2018 and the ex-dividend date is Feb. 20, 2018, Mar. 21, 2018 and Apr. 20, 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 February, March and April 2018, Payable on Feb. 28, 2018, Mar. 29, 2018 and Apr. 30, 2018