Flaherty & Crumrine Preferred Income Opportunity Fund Inc. Declares Dividend for the Months of February, March and April 2018, Payable on Feb. 28, 2018, Mar. 29, 2018 and Apr. 30, 2018
January 24, 2018 at 04:23 pm EST
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Flaherty & Crumrine Preferred Income Opportunity Fund Inc. declared dividend of $0.066 per share for the month of February, $0.066 per share for the month of March and $0.066 per share for the month of April 2018. The dividend will be payable on Feb. 28, 2018, Mar. 29, 2018 and Apr. 30, 2018 to the holders of record on Feb. 21, 2018, Mar. 22, 2018 and Apr. 23, 2018 and the ex-dividend date is Feb. 20, 2018, Mar. 21, 2018 and Apr. 20, 2018.
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 2018, Payable on Feb. 28, 2018, Mar. 29, 2018 and Apr. 30, 2018