Flaherty & Crumrine Total Return Fund Inc. Declares Dividend for the Months of August, September and October 2019, Payable on August 30, 2019, September 30, 2019 and October 31, 2019, Respectively
July 18, 2019 at 02:38 pm EDT
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Flaherty & Crumrine Total Return Fund Inc. declared dividend of $0.115 per share for the month of August, $0.115 per share for the month of September and $0.115 per share for the month of October 2019. The dividend will be payable on August 30, 2019, September 30, 2019 and October 31, 2019 to the holders of record on August 23, 2019, September 23, 2019 and October 24, 2019 and the ex-dividend date is on August 22, 2019, September 20, 2019 and October 23, 2019.
Flaherty & Crumrine Total Return Fund Incorporated (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide its common shareholders with high current income. Its secondary investment objective is capital appreciation. The Fund invests at least 80% of its total assets in a diversified portfolio of preferred securities and other income-producing securities, consisting of various debt securities. It invests at least 25% of its total assets in the financial sector, which is comprised of the bank, thrifts and mortgage finance, diversified financial services, consumer finance, capital markets, asset management and custody, investment banking and brokerage, insurance, and real estate investment trust (REIT) industries. The Fund also focuses its investments in other sectors, such as energy, industrials, utilities, communications and pipelines. Flaherty & Crumrine Incorporated is the investment advisor of the Fund.
Flaherty & Crumrine Total Return Fund Inc. Declares Dividend for the Months of August, September and October 2019, Payable on August 30, 2019, September 30, 2019 and October 31, 2019, Respectively