Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO – Get Free Report) declared a dividend on Tuesday, May 20th, investing.com reports. Investors of record on Monday, May 26th will be given a dividend of 0.0512 per share on Friday, May 30th. This represents a yield of 6.81%. The ex-dividend date of this dividend is Friday, May 23rd. This is a 6.0% increase from Flaherty & Crumrine Preferred Income Opportunity Fund’s previous dividend of $0.05.
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 Trading Up 0.3%
PFO opened at $9.05 on Tuesday. Flaherty & Crumrine Preferred Income Opportunity Fund has a 52-week low of $8.19 and a 52-week high of $9.54. The company has a 50 day moving average of $8.90 and a two-hundred day moving average of $9.06.
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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