Flaherty & Crumrine Preferred Income Opportunity Fund About To Put More Money In Your Pocket (PFO)

Looking at the universe of stocks we cover at Dividend Channel, on 11/19/13, Flaherty & Crumrine Preferred Income Opportunity Fund (PFO) will trade ex-dividend, for its monthly dividend of $0.073, payable on 11/29/13. As a percentage of PFO's recent stock price of $10.15, this dividend works out to approximately 0.72%, so look for shares of Flaherty & Crumrine Preferred Income Opportunity Fund to trade 0.72% lower — all else being equal — when PFO shares open for trading on 11/19/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for PFO, showing historical dividends prior to the most recent $0.073 declared by Flaherty & Crumrine Preferred Income Opportunity Fund:

PFO+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PFO is likely to continue, and whether the current estimated yield of 8.63% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of PFO shares, versus its 200 day moving average:

Flaherty & Crumrine Preferred Income Opportunity Fund 200 Day Moving Average Chart

Looking at the chart above, PFO's low point in its 52 week range is $9.78 per share, with $12.93 as the 52 week high point — that compares with a last trade of $10.15.

In Friday trading, Flaherty & Crumrine Preferred Income Opportunity Fund shares are currently down about 0.4% on the day.

null

More from Stocks

Listen: Should You Buy Cisco Now?

Listen: Should You Buy Cisco Now?

Amazon Could Devastate Walgreens and Rite Aid by Getting Into Pharmacy Business

Amazon Could Devastate Walgreens and Rite Aid by Getting Into Pharmacy Business

Amazon's Assault on Grocery Stores Will Have a Profound Impact on Many

Amazon's Assault on Grocery Stores Will Have a Profound Impact on Many

Why PayPal's CEO Doesn't Fear Amazon Entering Mobile Payments

Why PayPal's CEO Doesn't Fear Amazon Entering Mobile Payments

9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019

9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019