PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) to Issue Monthly Dividend of $0.12

PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.1188 per share by the investment management company on Tuesday, October 1st. This represents a $1.43 annualized dividend and a dividend yield of 9.97%. The ex-dividend date of this dividend is Friday, September 13th.

PIMCO Corporate & Income Opportunity Fund has decreased its dividend by an average of 3.0% annually over the last three years.

PIMCO Corporate & Income Opportunity Fund Stock Up 0.1 %

Shares of NYSE:PTY traded up $0.01 during trading hours on Wednesday, hitting $14.30. 470,746 shares of the company’s stock traded hands, compared to its average volume of 584,369. PIMCO Corporate & Income Opportunity Fund has a 1 year low of $11.92 and a 1 year high of $15.10. The business has a fifty day moving average price of $14.28 and a 200-day moving average price of $14.32.

PIMCO Corporate & Income Opportunity Fund Company Profile

PIMCO Corporate & Income Opportunity Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets across the globe. It invests in corporate debt obligations rated in the lowest investment grade category Baa or BBB and in the highest non-investment grade category Ba or BB.