Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO – Get Free Report) announced a monthly dividend on Friday, January 24th,Wall Street Journal reports. Stockholders 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 dividend yield of 6.63%. The ex-dividend date of this dividend is Wednesday, April 23rd.
Flaherty & Crumrine Preferred Income Opportunity Fund has decreased its dividend payment by an average of 10.7% annually over the last three years.
Flaherty & Crumrine Preferred Income Opportunity Fund Price Performance
Shares of NYSE PFO opened at $9.14 on Friday. The business has a 50-day moving average of $9.10 and a 200-day moving average of $9.06. Flaherty & Crumrine Preferred Income Opportunity Fund has a 12 month low of $7.89 and a 12 month high of $9.54.
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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