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Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) Dividend Payout Ratio : 0.51 (As of Nov. 2023)


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What is Flaherty & Crumrine Total Return Fund Dividend Payout Ratio?

Flaherty & Crumrine Total Return Fund's dividend payout ratio for the months ended in Nov. 2023 was 0.51.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Flaherty & Crumrine Total Return Fund Inc is 5.76, which seems too high.

The historical rank and industry rank for Flaherty & Crumrine Total Return Fund's Dividend Payout Ratio or its related term are showing as below:

FLC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.84   Max: 5.76
Current: 5.76


During the past 7 years, the highest Dividend Payout Ratio of Flaherty & Crumrine Total Return Fund was 5.76. The lowest was 0.35. And the median was 0.84.

FLC's Dividend Payout Ratio is ranked worse than
95.58% of 950 companies
in the Asset Management industry
Industry Median: 0.79 vs FLC: 5.76

As of today (2024-05-29), the Dividend Yield % of Flaherty & Crumrine Total Return Fund is 6.84%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Flaherty & Crumrine Total Return Fund was 11.30%. The lowest was 5.79%. And the median was 7.44%.

Flaherty & Crumrine Total Return Fund's Dividends per Share for the months ended in Nov. 2023 was $0.51.

During the past 12 months, Flaherty & Crumrine Total Return Fund's average Dividends Per Share Growth Rate was -23.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.40% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Flaherty & Crumrine Total Return Fund was 2.80% per year. The lowest was -9.30% per year. And the median was -0.45% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Flaherty & Crumrine Total Return Fund Dividend Payout Ratio Historical Data

The historical data trend for Flaherty & Crumrine Total Return Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Flaherty & Crumrine Total Return Fund Dividend Payout Ratio Chart

Flaherty & Crumrine Total Return Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.35 0.84 0.90 - 5.76

Flaherty & Crumrine Total Return Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.08 - - - 0.51

Competitive Comparison of Flaherty & Crumrine Total Return Fund's Dividend Payout Ratio

For the Asset Management subindustry, Flaherty & Crumrine Total Return Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flaherty & Crumrine Total Return Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Total Return Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Total Return Fund's Dividend Payout Ratio falls into.



Flaherty & Crumrine Total Return Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Flaherty & Crumrine Total Return Fund's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Nov. 2023 )/ EPS without NRI (A: Nov. 2023 )
=1.095/ 0.19
=5.76

Flaherty & Crumrine Total Return Fund's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2023 )/ EPS without NRI (Q: Nov. 2023 )
=0.512/ 1
=0.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Flaherty & Crumrine Total Return Fund (NYSE:FLC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Flaherty & Crumrine Total Return Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Total Return Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Total Return Fund Inc is a diversified, closed-end investment management company. Its investment objective is to provide its common shareholders with a high current income. The fund's secondary investment objective is capital appreciation.
Executives
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Bradford S Stone officer: Vice President, Asst Treasurer 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Merrill Lynch & Co., Inc. 10 percent owner 4 WORLD FINANCIAL CTR, NEW YORK NY 10080
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101
Peter C Stimes officer: VP, CFO, Chief Accounting Off. 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Donald F Crumrine director, officer: Chief Executive Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert E Chadwick officer: VP, Secretary, Asst. Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101

Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) Headlines