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home / news releases / dfp preferred fund raises distribution after a serie


FLC - DFP: Preferred Fund Raises Distribution After A Series Of Cuts

2024-04-11 11:30:56 ET

Summary

  • Flaherty & Crumrine Dynamic Preferred and Income Fund targets high current income with a focus on income generating vehicles.
  • The DFP ETF is heavily invested in the financial sector and is leveraged to the gills.
  • DFP pays a monthly dividend and currently yields around 6.95%. The distribution was recently raised after a series of cuts.
  • We examine the setup and give you our take.

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For further details see:

DFP: Preferred Fund Raises Distribution After A Series Of Cuts
Stock Information

Company Name: Flaherty & Crumrine Total Return Fund Inc
Stock Symbol: FLC
Market: NYSE

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