Flaherty & Crumrine Total Return Fund Inc. Declares Dividends for the Months of December 2020 and January 2021, Payable on December 31, 2020 and January 29, 2021 Respectively
December 10, 2020 at 04:29 pm EST
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Flaherty & Crumrine Total Return Fund Inc. declared a dividends of $0.1320 per share for the months of December 2020 and January 2021. This dividend are payable on December 31, 2020 and January 29, 2021 respectively, with a record date of December 23, 2020 and January 22, 2021 respectively and ex-dividend date of December 22, 2020 and January 21, 2021 respectively.
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 Dividends for the Months of December 2020 and January 2021, Payable on December 31, 2020 and January 29, 2021 Respectively