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

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO) declared a dividend on Wednesday, January 22nd,NASDAQ Dividends reports. Shareholders 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 by an average of 10.7% annually over the last three years.

Flaherty & Crumrine Preferred Income Opportunity Fund Stock Performance

Shares of Flaherty & Crumrine Preferred Income Opportunity Fund stock opened at $9.20 on Friday. Flaherty & Crumrine Preferred Income Opportunity Fund has a 12-month low of $7.89 and a 12-month high of $9.54. The firm’s 50 day simple moving average is $9.10 and its two-hundred day simple moving average is $9.05.

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.