Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC – Get Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $16.91 and traded as low as $16.84. Flaherty & Crumrine Total Return Fund shares last traded at $16.8850, with a volume of 14,795 shares trading hands.
Flaherty & Crumrine Total Return Fund Price Performance
The business’s 50-day moving average is $16.91 and its two-hundred day moving average is $17.31.
Flaherty & Crumrine Total Return Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 24th will be given a $0.1047 dividend. The ex-dividend date of this dividend is Friday, July 24th. This represents a c) dividend on an annualized basis and a yield of 7.4%.
Institutional Inflows and Outflows
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
- Five stocks we like better than Flaherty & Crumrine Total Return Fund
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear CaseāIs a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
Receive News & Ratings for Flaherty & Crumrine Total Return Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flaherty & Crumrine Total Return Fund and related companies with MarketBeat.com's FREE daily email newsletter.
