Flaherty & Crumrine Preferred Income Opportunity Fund Inc. Declares Dividend for August, September and October, 2020, Payable on August 31, 2020, September 30, 2020 and October 30, 2020 Respectively
July 22, 2020 at 05:04 pm EDT
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Flaherty & Crumrine Preferred Income Opportunity Fund Inc. declared dividend of $0.068 per share for August, September and October, 2020. Payment dates are August 31, 2020, September 30, 2020 and October 30, 2020 respectively. Record dates are August 24, 2020, September 23, 2020 and October 23, 2020 respectively. Ex-dividend dates are August 21, 2020, September 22, 2020 and October 22, 2020 respectively.
Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide its common shareholders with a high current income consistent with the preservation of capital. It invests at least 80% of its managed assets in a portfolio of preferred and other income-producing securities. Preferred and other income-producing securities may include, traditional preferred stock, trust preferred securities, hybrid securities that have characteristics of both equity and debt securities, contingent capital securities (CoCos), and others. It invests at least 25% of its total assets in companies principally engaged in the financial services sector. In addition, the Fund may also focus its investments in other sectors or industries, such as energy, industrials, utilities, communications and pipelines, among others. Flaherty & Crumrine Incorporated serves as the Fund's investment adviser.
Flaherty & Crumrine Preferred Income Opportunity Fund Inc. Declares Dividend for August, September and October, 2020, Payable on August 31, 2020, September 30, 2020 and October 30, 2020 Respectively