Flaherty & Crumrine Preferred Income Opportunity Fund Inc. Declares Dividend for the Months of December 2020 and January 2021, Payable on December 31, 2020 and January 29, 2021 Respectively
December 10, 2020 at 04:29 pm EST
Share
Flaherty & Crumrine Preferred Income Opportunity Fund Inc. declared a dividend of $0.0680 per share for the months of December 2020 and January 2021. This dividend are payable on December 31, 2020 and January 29, 2021 respectively, with a record date of December 23, 2020 and January 22, 2021 respectively and ex-dividend date of December 22, 2020 and January 21, 2021 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 the Months of December 2020 and January 2021, Payable on December 31, 2020 and January 29, 2021 Respectively