Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO) Raises Dividend to $0.05 Per Share

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO) announced a 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. The ex-dividend date is Friday, February 21st. This is a boost 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 0.6 %

NYSE PFO traded up $0.06 on Thursday, reaching $9.20. 11,964 shares of the stock traded hands, compared to its average volume of 29,190. Flaherty & Crumrine Preferred Income Opportunity Fund has a 12 month low of $7.89 and a 12 month high of $9.54. The company has a fifty day moving average price of $9.10 and a 200-day moving average price of $9.05.

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.