Flaherty & Crumrine Total Return Fd Inc (FLC) to Issue Monthly Dividend of $0.13
Flaherty & Crumrine Total Return Fd Inc (NYSE:FLC) declared a monthly dividend on Thursday, December 14th, Wall Street Journal reports. Investors of record on Thursday, December 21st will be paid a dividend of 0.126 per share on Friday, December 29th. This represents a $1.51 annualized dividend and a yield of 7.02%. The ex-dividend date of this dividend is Wednesday, December 20th.
Flaherty & Crumrine Total Return Fd has decreased its dividend by an average of 0.1% annually over the last three years.
Flaherty & Crumrine Total Return Fd (NYSE:FLC) opened at $21.55 on Friday. Flaherty & Crumrine Total Return Fd has a 12-month low of $19.29 and a 12-month high of $22.51.
About Flaherty & Crumrine Total Return Fd
Flaherty & Crumrine Total Return Fund Incorporated is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide its common shareholders with high current income. The Fund’s secondary investment objective is capital appreciation. The Fund may invest in unrated securities that the Fund’s investment advisor deems to be comparable in quality to rated issues in which the Fund is authorized to invest.
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