Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC – Get Free Report) announced a monthly dividend on Thursday, April 16th. Investors of record on Friday, July 24th will be paid a dividend of 0.1047 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Friday, July 24th.
Flaherty & Crumrine Total Return Fund Price Performance
Shares of Flaherty & Crumrine Total Return Fund stock opened at $17.13 on Friday. Flaherty & Crumrine Total Return Fund has a fifty-two week low of $15.79 and a fifty-two week high of $18.09. The business has a 50-day moving average price of $17.27 and a 200 day moving average price of $17.46.
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.
Further Reading
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