Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO – Get Free Report) declared a monthly dividend on Monday, January 27th,Wall Street Journal reports. Stockholders of record on Wednesday, April 23rd will be given 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 is Wednesday, April 23rd.
Flaherty & Crumrine Preferred Income Opportunity Fund has decreased its dividend payment by an average of 10.7% per year over the last three years.
Flaherty & Crumrine Preferred Income Opportunity Fund Stock Down 0.4 %
Shares of PFO opened at $9.14 on Monday. The business has a 50-day simple moving average of $9.10 and a two-hundred day simple 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.
About Flaherty & Crumrine Preferred Income Opportunity Fund
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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