PFD, PFO, FFC, FLC and DFP Announce Special Year-End Distributions and December and January Dividends
12 December 2024 - 9:08AM
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 December 2024 and January 2025. In
addition, each fund announced a special year-end distribution to be
paid this month. These announcements are detailed below:
Special Year-End
December
January
PFD
$0.0300
$0.0610
$0.0610
PFO
$0.0330
$0.0505
$0.0505
FFC
$0.0325
$0.0920
$0.0920
FLC
$0.0343
$0.0937
$0.0937
DFP
$0.0320
$0.1151
$0.1151
Payment Date
December 31, 2024
December 31, 2024
January 31, 2025
Record Date
December 23, 2024
December 23, 2024
January 24, 2025
Each fund’s fiscal year ended on November 30, 2024. The tax
breakdown of all 2024 distributions will be available early in
2025.
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. 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/20241211044057/en/
Flaherty & Crumrine Incorporated Chad Conwell,
626-795-7300
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