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

PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Friday, April 11th will be paid a dividend of 0.1188 per share by the investment management company on Thursday, May 1st. This represents a $1.43 annualized dividend and a dividend yield of 9.87%. The ex-dividend date is Friday, April 11th.

PIMCO Corporate & Income Opportunity Fund Trading Down 0.5 %

Shares of PTY traded down $0.08 on Thursday, reaching $14.45. The company’s stock had a trading volume of 966,361 shares, compared to its average volume of 618,037. PIMCO Corporate & Income Opportunity Fund has a twelve month low of $13.23 and a twelve month high of $15.10. The firm has a fifty day moving average of $14.60 and a 200-day moving average of $14.53.

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.