Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) Shareholders to Receive $0.11 Monthly Dividend

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) announced a monthly dividend on Thursday, October 22nd. Investors of record on Friday, November 20th will be given a dividend of $0.1067 per share on Monday, November 30th. This represents a $1.28 annualized dividend and a yield of 8.3%. The ex-dividend date is Friday, November 20th.

Flaherty & Crumrine Total Return Fund Trading Down 0.6%

NYSE FLC traded down $0.09 during trading hours on Friday, reaching $15.44. 679 shares of the company traded hands, compared to its average volume of 24,548. Flaherty & Crumrine Total Return Fund has a 12 month low of $15.33 and a 12 month high of $18.09. The company has a 50 day moving average of $16.09 and a two-hundred day moving average of $16.60.

About Flaherty & Crumrine Total Return Fund

Flaherty & Crumrine Total Return Fund (NYSE: FLC) is a closed-end investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund invests primarily in preferred securities and other income-producing investments.

FLC’s portfolio may include preferred stocks, hybrid securities, corporate debt, and other fixed-income instruments. The fund generally emphasizes securities issued by companies in the financial services sector, while also investing across other industries and in issuers based in the United States and other countries.

The fund is managed by Flaherty & Crumrine Incorporated, an investment adviser specializing in preferred securities and related income-oriented investments.