Capital Analysts LLC Purchases 21,572 Shares of Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP)

Capital Analysts LLC increased its position in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) by 147.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,171 shares of the company’s stock after purchasing an additional 21,572 shares during the period. Capital Analysts LLC’s holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund were worth $642,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. US Bancorp DE bought a new stake in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund during the 2nd quarter valued at $33,000. Comerica Bank purchased a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund during the third quarter valued at $42,000. McGlone Suttner Wealth Management Inc. purchased a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund during the fourth quarter valued at $63,000. FMR LLC purchased a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund during the first quarter valued at $122,000. Finally, Money Concepts Capital Corp purchased a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund during the fourth quarter valued at $159,000.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Up 0.7 %

DFP opened at $17.98 on Wednesday. The company has a fifty day moving average of $18.70 and a 200 day moving average of $17.80. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a fifty-two week low of $15.45 and a fifty-two week high of $19.31.

Flaherty & Crumrine Dynamic Preferred and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be paid a dividend of $0.1075 per share. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.29 annualized dividend and a yield of 7.17%.

Flaherty & Crumrine Dynamic Preferred and Income Fund Company Profile

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc is a closed ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.