Flaherty & Crumrine Preferred Income Opportunity Fund Inc. Declares Dividend for May, June and July, Payable on May 29, 2020, June 30, 2020 and July 31, 2020 Respectively
April 24, 2020 at 12:30 pm EDT
Share
Flaherty & Crumrine Preferred Income Opportunity Fund Inc. declared dividend of $0.0635 per share for May, June and July, 2020. May dividend payment date is May 29, 2020, record date is May 22, 2020 and ex-dividend date is May 21, 2020. June dividend payment date is June 30, 2020, record date is June 23, 2020 and ex-dividend date is June 22, 2020. July dividend payment date is July 31, 2020, record date is July 24, 2020 and ex-dividend date is July 23, 2020.
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 May, June and July, Payable on May 29, 2020, June 30, 2020 and July 31, 2020 Respectively