Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO) Declares Monthly Dividend of $0.05

Posted by Adam Masters on Jan 29th, 2025

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO – Get Free Report) announced a monthly dividend on Monday, January 27th,Wall Street Journal reports. Shareholders of record on Wednesday, April 23rd will be given a dividend of 0.0505 per share on Wednesday, April 30th. This represents a $0.61 dividend on an annualized basis and a yield of 6.68%. 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% annually over the last three years.

Flaherty & Crumrine Preferred Income Opportunity Fund Stock Down 0.7 %

NYSE PFO opened at $9.07 on Wednesday. Flaherty & Crumrine Preferred Income Opportunity Fund has a 1 year low of $7.89 and a 1 year high of $9.54. The business’s fifty day moving average is $9.10 and its two-hundred day moving average is $9.07.

About Flaherty & Crumrine Preferred Income Opportunity Fund

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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.