PFD, PFO, FFC, FLC and DFP Announce December Dividends
13 December 2017 - 11:36AM
Business Wire
The Boards of Directors of Flaherty & Crumrine Preferred
Income Fund Incorporated (NYSE: PFD), Flaherty &
Crumrine Preferred Income Opportunity Fund Incorporated (NYSE:
PFO), Flaherty & Crumrine Preferred Securities Income Fund
Incorporated (NYSE: FFC), Flaherty & Crumrine Total
Return Fund Incorporated (NYSE: FLC) and Flaherty &
Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE:
DFP) have declared dividends for the month of December and set
payment dates as follows:
Dividend Payment Date
Record Date Ex-Dividend
Date PFD $0.082/share Dec. 29, 2017
Dec. 21, 2017 Dec. 20, 2017 PFO
$0.069/share Dec. 29, 2017 Dec. 21, 2017 Dec. 20, 2017 FFC
$0.119/share Dec. 29, 2017 Dec. 21, 2017 Dec. 20, 2017 FLC
$0.126/share Dec. 29, 2017 Dec. 21, 2017 Dec. 20, 2017 DFP
$0.155/share Dec. 29, 2017 Dec. 21, 2017 Dec. 20, 2017
The tax breakdown of all 2017 distributions will be available
early next year, but at this point the funds anticipate that all
dividends paid in 2017 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. 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. 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 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
securities.
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PRESS AND ANALYST INQUIRIES:Flaherty & Crumrine
IncorporatedChad Conwell, 626-795-7300Pasadena, California
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