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

PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Thursday, March 13th will be given a dividend of 0.1188 per share by the investment management company on Tuesday, April 1st. This represents a $1.43 dividend on an annualized basis and a yield of 9.70%. The ex-dividend date of this dividend is Thursday, March 13th.

PIMCO Corporate & Income Opportunity Fund has raised its dividend payment by an average of 4.1% per year over the last three years.

PIMCO Corporate & Income Opportunity Fund Stock Performance

Shares of PTY stock traded down $0.01 during trading hours on Tuesday, reaching $14.70. 920,852 shares of the company’s stock were exchanged, compared to its average volume of 608,587. PIMCO Corporate & Income Opportunity Fund has a fifty-two week low of $13.23 and a fifty-two week high of $15.10. The stock’s 50 day moving average is $14.57 and its 200-day moving average is $14.50.

About PIMCO Corporate & Income Opportunity Fund

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.