Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC – Get Free Report) announced a dividend on Tuesday, May 20th, investing.com reports. Investors of record on Monday, May 26th will be paid a dividend of 0.0957 per share on Friday, May 30th. This represents a yield of 6.88%. The ex-dividend date is Friday, May 23rd. This is a 6.7% increase from Flaherty & Crumrine Total Return Fund’s previous dividend of $0.09.
Flaherty & Crumrine Total Return Fund has decreased its dividend payment by an average of 11.5% annually over the last three years.
Flaherty & Crumrine Total Return Fund Trading Up 0.4%
Shares of NYSE:FLC opened at $16.77 on Wednesday. The firm has a fifty day moving average price of $16.40 and a 200 day moving average price of $16.69. Flaherty & Crumrine Total Return Fund has a 1-year low of $14.80 and a 1-year high of $17.48.
About Flaherty & Crumrine Total Return Fund
Flaherty & Crumrine Total Return Fund Inc is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in stocks of companies operating across utilities and banking sectors.
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