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

In a recent announcement, the Boards of Directors of several investment funds, namely 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), have declared dividends for the upcoming months of February, March, and April 2025.

Declaration of Dividends

The per share dividends are specified 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

The payment dates for these dividends are as follows:

For February: February 28, 2025
For March: March 31, 2025
For April: April 30, 2025

Additionally, the record dates for receiving the dividends are:

For February: February 21, 2025
For March: March 24, 2025
For April: April 23, 2025

Fund Management and Objectives

Each of the funds involved has a different investment strategy. PFD, PFO, and FFC focus on investing in preferred and other income-producing securities aiming for high current income along with capital preservation. FLC has a similar focus but with an added aim for capital appreciation. Meanwhile, DFP is oriented towards achieving total return, primarily through high current income. All these funds are managed by Flaherty & Crumrine Incorporated, which specializes in handling portfolios that include preferred and income-producing securities. The fiscal year for these funds concludes on November 30, 2025, and information regarding the tax breakdown of the 2025 distributions will be available early in 2026.

Important Considerations

Investors should be aware that past performance does not guarantee future results. It is essential to consider each fund's investment objectives, associated risks, charges, and expenses before making an investment decision.

Furthermore, any portion of the distribution that stems from sources other than income, such as a return of capital, will be disclosed appropriately. The actual amounts and their sources for tax purposes will depend on the future performance of the funds during the remainder of the fiscal year, and these amounts might change based on applicable tax regulations.

For more detailed information, please visit the official website of Flaherty & Crumrine Incorporated.

dividends, funds, investing