Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) Declares Monthly Dividend of $0.10

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) announced a monthly dividend on Friday, January 23rd. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.1037 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Tuesday, March 24th.

Flaherty & Crumrine Total Return Fund Stock Down 1.5%

Flaherty & Crumrine Total Return Fund stock opened at $16.65 on Friday. The company has a fifty day simple moving average of $17.61 and a 200-day simple moving average of $17.57. Flaherty & Crumrine Total Return Fund has a 12-month low of $14.80 and a 12-month high of $18.09.

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.