Flaherty & Crumrine Total Return Fund Incorporated Declares Dividend for the Months of December 2018 and January 2019, Payable on December 31, 2018 and January 31, 2019 Respectively
December 11, 2018 at 03:52 pm EST
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Flaherty & Crumrine Total Return Fund Incorporated declared dividend of $0.119 per share for the month of December 2018, payable on December 31, 2018 with record date on December 21, 2018 and Ex-dividend date is on December 20, 2018.
The company declared dividend of $0.115 per share for the month of January 2019, payable on January 31, 2019 with record date on January 24, 2019 and Ex-dividend date is on January 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 Incorporated Declares Dividend for the Months of December 2018 and January 2019, Payable on December 31, 2018 and January 31, 2019 Respectively