Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (PFO) to Issue Dividend of $0.05 on May 30th

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO) declared a dividend on Tuesday, May 20th, investing.com reports. Shareholders of record on Monday, May 26th will be paid 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 0.1%

Shares of NYSE PFO opened at $9.03 on Wednesday. Flaherty & Crumrine Preferred Income Opportunity Fund has a 12 month low of $8.19 and a 12 month high of $9.54. The stock has a 50 day moving average of $8.90 and a 200-day moving average of $9.06.

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.