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

PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.1188 per share by the investment management company on Thursday, January 2nd. This represents a $1.43 annualized dividend and a dividend yield of 9.64%. The ex-dividend date is Thursday, December 12th.

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

PIMCO Corporate & Income Opportunity Fund Stock Performance

Shares of NYSE:PTY traded up $0.02 during midday trading on Tuesday, hitting $14.79. The company’s stock had a trading volume of 631,380 shares, compared to its average volume of 589,013. The business’s 50 day simple moving average is $14.54 and its 200 day simple moving average is $14.38. PIMCO Corporate & Income Opportunity Fund has a 12-month low of $13.00 and a 12-month high of $15.10.

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.