Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) Declares Monthly Dividend of $0.11

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) declared a monthly dividend on Wednesday, July 22nd. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.1067 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend is Wednesday, September 23rd.

Flaherty & Crumrine Total Return Fund Stock Performance

Shares of Flaherty & Crumrine Total Return Fund stock opened at $16.73 on Friday. The stock’s fifty day moving average price is $16.83 and its 200-day moving average price is $17.16. Flaherty & Crumrine Total Return Fund has a 12 month low of $15.89 and a 12 month high of $18.09.

About Flaherty & Crumrine Total Return Fund

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.