Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (PFO) To Go Ex-Dividend on February 21st

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO) announced a monthly dividend on Wednesday, January 22nd,NASDAQ Dividends reports. Investors of record on Friday, February 21st will be paid a dividend of 0.0505 per share on Friday, February 28th. This represents a $0.61 annualized dividend and a dividend yield of 6.58%. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from Flaherty & Crumrine Preferred Income Opportunity Fund’s previous monthly dividend of $0.05.

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 Stock Up 0.3 %

Shares of NYSE:PFO opened at $9.22 on Wednesday. Flaherty & Crumrine Preferred Income Opportunity Fund has a 12-month low of $7.89 and a 12-month high of $9.54. The business has a fifty day simple moving average of $9.11 and a 200 day simple moving average of $9.13.

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.