Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) Announces Monthly Dividend of $0.10

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) declared a monthly dividend on Friday, January 23rd. Investors of record on Thursday, April 23rd will be given a dividend of 0.1037 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Thursday, April 23rd.

Flaherty & Crumrine Total Return Fund Price Performance

Shares of FLC opened at $17.22 on Tuesday. The stock has a 50 day simple moving average of $17.25 and a 200-day simple moving average of $17.45. Flaherty & Crumrine Total Return Fund has a 1 year low of $15.79 and a 1 year high of $18.09.

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.