Flaherty & Crumrine Total Return Fund Inc. (FLC) to Issue Monthly Dividend of $0.10 on June 30th

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLCGet Free Report) announced a monthly dividend on Wednesday, April 15th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.1047 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Flaherty & Crumrine Total Return Fund Stock Performance

Flaherty & Crumrine Total Return Fund stock opened at $16.80 on Friday. Flaherty & Crumrine Total Return Fund has a 52 week low of $15.89 and a 52 week high of $18.09. The business has a 50-day simple moving average of $16.94 and a 200 day simple moving average of $17.25.

About Flaherty & Crumrine Total Return Fund

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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.

Further Reading

Dividend History for Flaherty & Crumrine Total Return Fund (NYSE:FLC)

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