Flaherty & Crumrine Total Return Fund Inc. (FLC) to Issue Monthly Dividend of $0.09 on November 29th

by · The Cerbat Gem

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC – Get Free Report) announced a monthly dividend on Thursday, October 17th,Wall Street Journal reports. Investors of record on Thursday, November 21st will be given a dividend of 0.0937 per share on Friday, November 29th. This represents a $1.12 annualized dividend and a dividend yield of 6.75%. The ex-dividend date is Thursday, November 21st. This is an increase from Flaherty & Crumrine Total Return Fund’s previous monthly dividend of $0.09.

Flaherty & Crumrine Total Return Fund has decreased its dividend by an average of 10.2% annually over the last three years.

Flaherty & Crumrine Total Return Fund Trading Up 0.2 %

Shares of NYSE:FLC opened at $16.66 on Tuesday. The stock has a fifty day simple moving average of $17.10 and a two-hundred day simple moving average of $16.19. Flaherty & Crumrine Total Return Fund has a 12-month low of $13.94 and a 12-month high of $17.48.

Flaherty & Crumrine Total Return Fund Company Profile

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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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