Flaherty & Crumrine Total Return Fund Inc. Declares Dividend for May, June and July, Payable on May 29, 2020, June 30, 2020 and July 31, 2020 Respectively
April 24, 2020 at 05:30 pm
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Flaherty & Crumrine Total Return Fund Inc. declared dividend of $0.121 per share for May, June and July, 2020. May dividend payment date is May 29, 2020, record date is May 22, 2020 and ex-dividend date is May 21, 2020. June dividend payment date is June 30, 2020, record date is June 23, 2020 and ex-dividend date is June 22, 2020. July dividend payment date is July 31, 2020, record date is July 24, 2020 and ex-dividend date is July 23, 2020.
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 May, June and July, Payable on May 29, 2020, June 30, 2020 and July 31, 2020 Respectively