Flaherty & Crumrine Preferred Income Opportunity Fund Inc. Declares Dividend for the Months of February, March and April 2019, Payable on February 28, 2019, and March 29, 2019 and April 30, 2019 Respectively
January 24, 2019 at 04:05 pm EST
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Flaherty & Crumrine Preferred Income Opportunity Fund Inc. declared dividend of $0.0625 per share for the month of February 2019, payable on February 28, 2019, with record date on February 21, 2019 and Ex-dividend date is on February 20, 2019.
The company declared dividend of $0.0625 per share for the month of March 2019, payable on March 29, 2019 with record date March 22, 2019 and Ex-dividend date is on March 21, 2019.
The company declared dividend of $0.0625 per share for the month of April 2019, payable on April 30, 2019 with record date April 23, 2019 and Ex-dividend date is on April 22, 2019.
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 2019, Payable on February 28, 2019, and March 29, 2019 and April 30, 2019 Respectively