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 Monday, December 2nd,NASDAQ Dividends reports. Investors 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% per year over the last three years.

PIMCO Corporate & Income Opportunity Fund Price Performance

PTY traded up $0.02 on Tuesday, hitting $14.79. 631,380 shares of the company’s stock were exchanged, compared to its average volume of 589,013. PIMCO Corporate & Income Opportunity Fund has a twelve month low of $13.00 and a twelve month high of $15.10. The stock has a fifty day moving average of $14.54 and a two-hundred day moving average of $14.38.

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.