Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (PFO) to Issue — Dividend of $0.03 on December 31st

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO) declared a — dividend on Wednesday, December 11th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be paid a dividend of 0.033 per share on Tuesday, December 31st. This represents a dividend yield of 6.6%. The ex-dividend date of this dividend is Monday, December 23rd.

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

Flaherty & Crumrine Preferred Income Opportunity Fund Price Performance

Shares of Flaherty & Crumrine Preferred Income Opportunity Fund stock opened at $9.21 on Friday. Flaherty & Crumrine Preferred Income Opportunity Fund has a 12-month low of $7.73 and a 12-month high of $9.54. The company’s fifty day simple moving average is $9.25 and its two-hundred day simple moving average is $8.91.

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.