Flaherty & Crumrine Total Return Fund Inc. (FLC) to Distribute Monthly Dividend of $0.11 on October 30th

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) declared a monthly dividend on Wednesday, July 22nd. Stockholders of record on Friday, October 23rd will be paid a dividend of $0.1067 per share on Friday, October 30th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Friday, October 23rd.

Flaherty & Crumrine Total Return Fund Trading Down 0.2%

Shares of NYSE:FLC opened at $15.57 on Wednesday. The business’s 50-day simple moving average is $16.14 and its 200 day simple moving average is $16.62. Flaherty & Crumrine Total Return Fund has a one year low of $15.33 and a one year high of $18.09.

Flaherty & Crumrine Total Return Fund Company Profile

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.