Finance

PFD, PFO, FFC, FLC and DFP Announce February, March and April Dividends

Published January 23, 2025

PASADENA, Calif.--The Boards of Directors of several funds managed by Flaherty & Crumrine have recently declared dividends for the months of February, March, and April 2025. These funds include the 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).

Dividend Announcements

The declared dividends for each fund are as follows:

February

March

April

PFD

$0.0610

$0.0610

$0.0610

PFO

$0.0505

$0.0505

$0.0505

FFC

$0.0920

$0.0920

$0.0920

FLC

$0.0937

$0.0937

$0.0937

DFP

$0.1151

$0.1151

$0.1151

Payment and Record Dates

Payments for these dividends will be made on the following dates:

  • February 28, 2025
  • March 31, 2025
  • April 30, 2025

Shareholders must be registered by the following record dates to be eligible for the respective dividend payments:

  • February 21, 2025
  • March 24, 2025
  • April 23, 2025

Investment Objectives and Management

Each fund aims to provide investors with high current income while preserving capital. Specifically, PFD, PFO, and FFC invest mainly in preferred and other income-generating securities. FLC has a focus on high current income with an additional goal of capital appreciation. DFP prioritizes total return by emphasizing high current income. All the funds are managed by Flaherty & Crumrine Incorporated, which specializes in managing portfolios of preferred and related income-producing securities.

It is important to note that the tax details for the distributions will be available in early 2026, after the funds' fiscal year ends on November 30, 2025.

Past performance is not indicative of future results, and investors should carefully consider the investment objectives, risks, charges, and expenses associated with the funds.

For more information, investors can visit the funds' official website at www.preferredincome.com.

dividends, funds, finance