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Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Forward Dividend Yield %

: 6.83% (As of Today)
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As of today (2024-04-23), the Forward Annual Dividend Yield of Flaherty & Crumrine Prfdome Oppo is 6.83%.

As of today (2024-04-23), the Trailing Annual Dividend Yield of Flaherty & Crumrine Prfdome Oppo is 6.89%.

PFO's Forward Dividend Yield % is ranked better than
57.11% of 1203 companies
in the Asset Management industry
Industry Median: 5.94 vs PFO: 6.83

Flaherty & Crumrine Prfdome Oppo's Dividends per Share for the six months ended in Nov. 2023 was $0.27.

During the past 12 months, Flaherty & Crumrine Prfdome Oppo's average Dividends Per Share Growth Rate was -23.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.20% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Flaherty & Crumrine Prfdome Oppo was 0.50% per year. The lowest was -9.10% per year. And the median was -0.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Asset Management subindustry, Flaherty & Crumrine Prfdome Oppo's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flaherty & Crumrine Prfdome Oppo Forward Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Prfdome Oppo's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Prfdome Oppo's Forward Dividend Yield % falls into.



Flaherty & Crumrine Prfdome Oppo Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Flaherty & Crumrine Prfdome Oppo Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0462024-04-222024-04-232024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0462024-03-202024-03-212024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0462024-02-212024-02-222024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0452024-01-232024-01-242024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0452023-12-202023-12-212023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0452023-11-212023-11-222023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0452023-10-232023-10-242023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0452023-09-212023-09-222023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0452023-08-232023-08-242023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472023-07-212023-07-242023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472023-06-222023-06-232023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472023-05-222023-05-232023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Flaherty & Crumrine Prfdome Oppo's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.552/8.03
=6.87 %

Current Share Price is $8.03.
Flaherty & Crumrine Prfdome Oppo's Dividends per Share for the forward twelve months is calculated as $0.046 * 12 = $0.552.

Flaherty & Crumrine Prfdome Oppo's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.549/8.03
=6.84 %

Current Share Price is $8.03.
Flaherty & Crumrine Prfdome Oppo's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.549.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Flaherty & Crumrine Prfdome Oppo  (NYSE:PFO) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Flaherty & Crumrine Prfdome Oppo Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Prfdome Oppo's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Prfd Income Oppo is the United States-based diversified, closed-end investment company. Its primary investment objective is to produce high current income consistent with the preservation of capital. The fund invests primarily in a diversified portfolio of preferred securities which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.
Executives
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Banc Of America Securities Llc 10 percent owner 100 N TRYON ST., 25TH FLOOR, CHARLOTTE NC 28255
Donald F Crumrine director, officer: Chairman of the Board 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Martin Brody director C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Robert E Chadwick officer: Vice President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Peter C Stimes officer: VP,CFO,Chf Acct Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
David Gale director 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Bradford S Stone officer: Vice President, Asst Treasurer 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901

Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Headlines