Flaherty & Crumrine Preferred Income Opportunity Fund Inc. Declares Dividend for the Months of May, June and July 2019, Payable on May 31, 2019, June 28, 2019 and July 31, 2019 respectively
April 25, 2019 at 01:58 pm EDT
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Flaherty & Crumrine Preferred Income Opportunity Fund Inc. declared dividend of $0.0625 per share for the month of May 2019, payable on May 31, 2019, with record date on May 23, 2019 and Ex-dividend date is on May 22, 2019.
The company declared dividend of $0.0625 per share for the month of June 2019, payable on June 28, 2019 with record date June 21, 2019 and Ex-dividend date is on June 20, 2019.
The company declared dividend of $0.0625 per share for the month of July 2019, payable on July 31, 2019 with record date July 24, 2019 and Ex-dividend date is on July 23, 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 May, June and July 2019, Payable on May 31, 2019, June 28, 2019 and July 31, 2019 respectively