Flaherty & Crumrine Total Return Fund Inc. Declares Dividend for the Months of May, June and July 2019, Payable on May 31, 2019, and June 28, 2019 and July 31, 2019 Respectively
April 25, 2019 at 01:58 pm EDT
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Flaherty & Crumrine Total Return Fund Inc. declared dividend of $0.115 per share for the month of May 2019, payable on May 31, 2019, with record date on May 23, 2019 and Ex-dividend date is on May 22, 2019.
The company declared dividend of $0.115 per share for the month of June 2019, payable on June 28, 2019 with record date June 21, 2019 and Ex-dividend date is on June 20, 2019.
The company declared dividend of $0.115 per share for the month of July 2019, payable on July 31, 2019 with record date July 24, 2019 and Ex-dividend date is on July 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 May, June and July 2019, Payable on May 31, 2019, and June 28, 2019 and July 31, 2019 Respectively