Flaherty & Crumrine Total Return Fund Inc. (FLC) to Issue Monthly Dividend of $0.10 on February 27th

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) declared a monthly dividend on Friday, January 23rd. Investors of record on Friday, February 20th will be paid a dividend of 0.1037 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Friday, February 20th.

Flaherty & Crumrine Total Return Fund Trading Up 0.1%

FLC traded up $0.01 on Wednesday, hitting $18.03. 1,805 shares of the stock were exchanged, compared to its average volume of 20,052. Flaherty & Crumrine Total Return Fund has a 12 month low of $14.80 and a 12 month high of $18.09. The business has a 50-day moving average of $17.60 and a two-hundred day moving average of $17.53.

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.