Flaherty & Crumrine Total Return Fund Inc. (FLC) to Issue Monthly Dividend of $0.10 on July 31st

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) announced a monthly dividend on Wednesday, April 15th. Investors of record on Friday, July 24th will be paid a dividend of 0.1047 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Friday, July 24th.

Flaherty & Crumrine Total Return Fund Stock Up 0.5%

NYSE FLC opened at $16.95 on Wednesday. Flaherty & Crumrine Total Return Fund has a 52 week low of $15.89 and a 52 week high of $18.09. The company has a fifty day moving average of $16.83 and a two-hundred day moving average of $17.17.

Flaherty & Crumrine Total Return Fund Company Profile

Flaherty & Crumrine Total Return Fund Inc (NYSE: FLC) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund principally invests in preferred and other hybrid securities issued by financial services companies, including banks, insurance firms and real estate investment trusts. Listed on the New York Stock Exchange, FLC employs a diversified portfolio approach to access the preferred securities market and generate an attractive income stream for shareholders.

The fund’s investment strategy emphasizes preferred stocks, with at least 65% of its managed assets directed toward these instruments.