Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO – Get Free Report) declared a — dividend on Thursday, December 12th,Wall Street Journal reports. Investors of record on Friday, January 24th will be given a dividend of 0.0835 per share on Friday, January 31st. This represents a yield of 6.6%. The ex-dividend date of this dividend is Friday, January 24th.
Flaherty & Crumrine Preferred Income Opportunity Fund has decreased its dividend payment by an average of 9.9% annually over the last three years.
Flaherty & Crumrine Preferred Income Opportunity Fund Price Performance
Shares of PFO opened at $9.21 on Friday. The stock’s 50 day moving average is $9.25 and its two-hundred day moving average is $8.91. Flaherty & Crumrine Preferred Income Opportunity Fund has a 12 month low of $7.73 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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