Flaherty & Crumrine Total Return Fund Incorporated Declares Dividend for the Months of May, June and July 2018, Payable on May 31, 2018, June 29, 2018 and July 31, 2018
April 19, 2018 at 04:01 am IST
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Flaherty & Crumrine Total Return Fund Incorporated declared dividend of $0.119 per share for the month of May, $0.119
per share for the month of June and $0.119 per share for the month of July 2018. The dividend will be payable on May 31, 2018, June 29, 2018 and July 31, 2018 to the holders of record on May 23, 2018, June 22, 2018 and July 24, 2018 and the ex-dividend date is May 22, 2018, June 21, 2018 and July 23, 2018.
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 May, June and July 2018, Payable on May 31, 2018, June 29, 2018 and July 31, 2018