Flaherty & Crumrine Preferred Income Opportunity Fund Inc. Declares Dividend for the Months of February, March and April 2021, Payable on February 26, 2021, March 31, 2021, April 30, 2021, Respectively
January 20, 2021 at 05:00 pm EST
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The Boards of Directors of Flaherty & Crumrine Preferred Income Opportunity Fund Inc. declared dividend of $0.0680 per share for the month of February, March and April 2021, payable on February 26, 2021, March 31, 2021, April 30, 2021, respectively with record date of February 19, 2021, March 24, 2021, April 23, 2021 and ex-dividend date of February 18, 2021, March 23, 2021, April 22, 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 February, March and April 2021, Payable on February 26, 2021, March 31, 2021, April 30, 2021, Respectively