Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) Raises Dividend to $0.09 Per Share

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLCGet Free Report) announced a monthly dividend on Monday, July 22nd, Wall Street Journal reports. Stockholders of record on Monday, September 23rd will be paid a dividend of 0.0913 per share on Monday, September 30th. This represents a $1.10 annualized dividend and a dividend yield of 6.30%. The ex-dividend date is Monday, September 23rd. 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 payment by an average of 10.2% per year over the last three years.

Flaherty & Crumrine Total Return Fund Stock Down 0.5 %

Shares of NYSE:FLC opened at $17.38 on Friday. The company has a 50 day moving average of $16.32 and a 200 day moving average of $15.61. Flaherty & Crumrine Total Return Fund has a 12 month low of $12.62 and a 12 month high of $17.48.

About Flaherty & Crumrine Total Return Fund

(Get Free Report)

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.

See Also

Dividend History for Flaherty & Crumrine Total Return Fund (NYSE:FLC)

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.