Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (PFO) To Go Ex-Dividend on October 24th

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO) announced a monthly dividend on Tuesday, July 23rd, Wall Street Journal reports. Shareholders of record on Thursday, October 24th will be given a dividend of 0.0492 per share on Thursday, October 31st. This represents a $0.59 dividend on an annualized basis and a yield of 6.91%. The ex-dividend date of this dividend is Thursday, October 24th.

Flaherty & Crumrine Preferred Income Opportunity Fund has decreased its dividend by an average of 9.9% per year over the last three years.

Flaherty & Crumrine Preferred Income Opportunity Fund Stock Performance

NYSE:PFO opened at $8.55 on Thursday. The firm has a fifty day simple moving average of $8.44 and a two-hundred day simple moving average of $8.31. Flaherty & Crumrine Preferred Income Opportunity Fund has a 12 month low of $6.90 and a 12 month high of $8.70.

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.