Flaherty & Crumrine Total Return Fund Inc. (FLC) to Issue Special Dividend of $0.03 on December 31st

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) announced a special dividend on Thursday, December 11th. Stockholders of record on Tuesday, December 23rd will be given a dividend of 0.034 per share on Wednesday, December 31st. This represents a dividend yield of 720.0%. The ex-dividend date of this dividend is Tuesday, December 23rd.

Flaherty & Crumrine Total Return Fund Price Performance

Shares of FLC opened at $17.28 on Friday. The company’s fifty day moving average price is $17.54 and its 200-day moving average price is $17.29. Flaherty & Crumrine Total Return Fund has a 1-year low of $14.80 and a 1-year high of $17.93.

About Flaherty & Crumrine Total Return Fund

Flaherty & Crumrine Total Return Fund Inc is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in stocks of companies operating across utilities and banking sectors.