Flaherty & Crumrine Preferred Income Opportunity Fund Inc. Announces — Dividend of $0.03 (NYSE:PFO)

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (NYSE:PFO) announced a — dividend on Wednesday, December 11th,NASDAQ Dividends reports. Stockholders 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% per year over the last three years.

Flaherty & Crumrine Preferred Income Opportunity Fund Stock Performance

NYSE:PFO traded down $0.06 during mid-day trading on Thursday, reaching $9.21. The stock had a trading volume of 9,011 shares, compared to its average volume of 35,337. Flaherty & Crumrine Preferred Income Opportunity Fund has a one year low of $7.73 and a one year high of $9.54. The firm has a 50 day moving average price of $9.25 and a two-hundred day moving average price of $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.