SmarterDividends
DFP

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc.

DFP

Financial Services · Stock · monthly payer

Forward Yield

7.38%

Annual Dividend

$1.50

Payout Ratio

75%

5-Yr Growth

-5.0%

Ex-Date

Jun 23, 2026

Frequency

Monthly

DFP Dividend Safety Score

56/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage75% of earnings paid out
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is DFP a good dividend stock?

Mixed

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) pays a monthly dividend yielding 7.38% ($1.50/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2023
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    7.38%
    Payout Ratio
    75%
    Annual Dividend
    $1.50
    5-Yr Avg Growth
    -5.0%
    Ex-Dividend Date
    Jun 23, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    Market Cap
    $418.2M
    P/E Ratio
    10.8
    5-Yr Total Return
    -31%
    52-Week Range
    $19.56 – $22.11
    Dividend Safety
    C · 56/100
    Ever Cut?
    Yes (2023)
    DFP ex-dividend date & scheduleNext ex-date Jun 23, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.50 / yr per share

    Per payment (monthly)$12.50
    Annual$150.00
    Monthly avg$12.50