Looking at the universe of stocks we cover at Dividend Channel, on 7/22/13, Flaherty & Crumrine Total Return Fund Incorporated (FLC) will trade ex-dividend, for its monthly dividend of $0.136, payable on 7/31/13. As a percentage of FLC's recent stock price of $19.34, this dividend works out to approximately 0.70%, so look for shares of Flaherty & Crumrine Total Return Fund Incorporated to trade 0.70% lower — all else being equal — when FLC shares open for trading on 7/22/13.
Below is a dividend history chart for FLC, showing historical dividends prior to the most recent $0.136 declared by Flaherty & Crumrine Total Return Fund Incorporated:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FLC is likely to continue, and whether the current estimated yield of 8.44% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FLC shares, versus its 200 day moving average:Looking at the chart above, FLC's low point in its 52 week range is $18.22 per share, with $22.35 as the 52 week high point — that compares with a last trade of $19.34.
In Thursday trading, Flaherty & Crumrine Total Return Fund Incorporated shares are currently up about 0.5% on the day.