PFD, PFO, FFC, FLC and DFP Announce February, March and April Dividends
January 20 2021 - 4:00PM
Business Wire
The Boards of Directors of Flaherty & Crumrine Preferred and
Income Fund Incorporated (NYSE: PFD), Flaherty &
Crumrine Preferred and Income Opportunity Fund Incorporated
(NYSE: PFO), Flaherty & Crumrine Preferred and Income
Securities Fund Incorporated (NYSE: FFC), Flaherty &
Crumrine Total Return Fund Incorporated (NYSE: FLC) and
Flaherty & Crumrine Dynamic Preferred and Income Fund
Incorporated (NYSE: DFP) today announced that they have
declared per share dividends for February, March and April 2021 as
detailed below:
February
March
April
PFD
$0.0860
$0.0860
$0.0860
PFO
$0.0680
$0.0680
$0.0680
FFC
$0.1290
$0.1290
$0.1290
FLC
$0.1320
$0.1320
$0.1320
DFP
$0.1650
$0.1650
$0.1650
Payment Date
February 26, 2021
March 31, 2021
April 30, 2021
Record Date
February 19, 2021
March 24, 2021
April 23, 2021
Ex-Dividend Date
February 18, 2021
March 23, 2021
April 22, 2021
Each fund’s fiscal year ends on November 30, 2021. The tax
breakdown of all 2021 distributions will be available early in
2022, but at this point each fund anticipates that each of its
dividends detailed above will consist of net investment income and
not capital gains or return of capital.
Website: www.preferredincome.com
Past performance is not indicative of future performance. An
investor should consider the fund’s investment objective, risks,
charges and expenses carefully before investing.
To the extent any portion of the distribution is estimated to be
sourced from something other than income, such as return of
capital, the source would be disclosed on a Section 19(a)-1 letter
located under the “SEC Filings and News” section of the funds’
website, www.preferredincome.com. The actual amounts and sources of
the amounts for tax reporting purposes will depend upon a fund’s
investment performance during the remainder of its fiscal year and
may be subject to change based on tax regulations. A distribution
rate that is largely comprised of sources other than income may not
be reflective of a fund’s performance.
PFD, PFO and FFC invest primarily in preferred and other
income-producing securities with an investment objective of high
current income consistent with preservation of capital. FLC invests
primarily in preferred and other income-producing securities with a
primary investment objective of high current income and a secondary
objective of capital appreciation. DFP invests primarily in
preferred and other income-producing securities with an investment
objective of total return, with an emphasis on high current income.
PFD, PFO, FFC, FLC and DFP are managed by Flaherty & Crumrine
Incorporated, an independent investment adviser which was founded
in 1983 to specialize in the management of portfolios of preferred
and related income-producing securities.
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version on businesswire.com: https://www.businesswire.com/news/home/20210120005737/en/
Flaherty & Crumrine Incorporated Chad Conwell,
626-795-7300
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