Flaherty & Crumrine Total Return Fund Inc. Announces — Dividend of $0.13 (NYSE:FLC)

Flaherty & Crumrine Total Return Fund Inc. (NYSE:FLC) declared a — dividend on Thursday, December 12th,Wall Street Journal reports. Stockholders of record on Friday, January 24th will be given a dividend of 0.128 per share on Friday, January 31st. This represents a dividend yield of 6.7%. The ex-dividend date is Friday, January 24th.

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

Flaherty & Crumrine Total Return Fund Price Performance

NYSE:FLC traded down $0.13 during trading hours on Thursday, hitting $16.84. 13,458 shares of the stock traded hands, compared to its average volume of 31,520. The firm has a 50 day moving average price of $16.93 and a 200 day moving average price of $16.37. Flaherty & Crumrine Total Return Fund has a fifty-two week low of $14.13 and a fifty-two week high of $17.48.

Flaherty & Crumrine Total Return Fund Company Profile

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.