Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO – Get Free Report) declared a monthly dividend on Monday, January 27th,Wall Street Journal reports. Investors of record on Wednesday, April 23rd will be paid a dividend of 0.0505 per share on Wednesday, April 30th. This represents a $0.61 dividend on an annualized basis and a yield of 6.64%. The ex-dividend date of this dividend is Wednesday, April 23rd.
Flaherty & Crumrine Preferred Income Opportunity Fund has decreased its dividend by an average of 10.7% per year over the last three years.
Flaherty & Crumrine Preferred Income Opportunity Fund Price Performance
PFO opened at $9.13 on Tuesday. Flaherty & Crumrine Preferred Income Opportunity Fund has a one year low of $7.89 and a one year high of $9.54. The stock’s fifty day moving average is $9.10 and its 200-day moving average is $9.07.
Flaherty & Crumrine Preferred Income Opportunity Fund Company Profile
Flaherty & Crumrine Preferred Income Opportunity Fund Inc is a closed ended equity mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the financial services sector.
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