Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO – Get Free Report) declared a monthly dividend on Friday, January 24th,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 annualized dividend 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 by an average of 10.7% per year over the last three years.
Flaherty & Crumrine Preferred Income Opportunity Fund Price Performance
Shares of PFO opened at $9.14 on Friday. The firm has a fifty 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 twelve month low of $7.89 and a twelve 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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