Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) Shares Sold by Revisor Wealth Management LLC

Revisor Wealth Management LLC lowered its position in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP) by 48.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,339 shares of the company’s stock after selling 22,903 shares during the period. Revisor Wealth Management LLC’s holdings in Flaherty & Crumrine Dynamic Preferred and Income Fund were worth $485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in DFP. Cary Street Partners Financial LLC acquired a new position in Flaherty & Crumrine Dynamic Preferred and Income Fund in the fourth quarter valued at approximately $526,000. Bank of America Corp DE raised its position in Flaherty & Crumrine Dynamic Preferred and Income Fund by 12.7% in the fourth quarter. Bank of America Corp DE now owns 12,213 shares of the company’s stock valued at $244,000 after purchasing an additional 1,380 shares during the period. South Plains Financial Inc. acquired a new position in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund in the 4th quarter valued at $80,000. Capital Analysts LLC grew its holdings in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 9.8% during the 4th quarter. Capital Analysts LLC now owns 35,493 shares of the company’s stock worth $708,000 after purchasing an additional 3,156 shares during the period. Finally, Shaker Financial Services LLC grew its holdings in shares of Flaherty & Crumrine Dynamic Preferred and Income Fund by 69.8% during the 4th quarter. Shaker Financial Services LLC now owns 75,240 shares of the company’s stock worth $1,500,000 after purchasing an additional 30,925 shares during the period.

Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Performance

Shares of DFP opened at $19.98 on Friday. Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. has a 12-month low of $18.20 and a 12-month high of $21.73. The company’s 50-day moving average price is $19.79 and its 200 day moving average price is $20.18.

Flaherty & Crumrine Dynamic Preferred and Income Fund Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 30th. Shareholders of record on Monday, May 26th will be given a dividend of $0.1174 per share. The ex-dividend date of this dividend is Friday, May 23rd. This is a boost from Flaherty & Crumrine Dynamic Preferred and Income Fund’s previous dividend of $0.11. This represents a dividend yield of 6.95%.

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.