PIMCO Corporate&Income Opportunity Fund (NYSE:PTY) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Friday, July 12th will be paid a dividend of 0.13 per share by the investment management company on Thursday, August 1st. This represents a $1.56 annualized dividend and a yield of 8.38%. The ex-dividend date is Thursday, July 11th.
PIMCO Corporate&Income Opportunity Fund has decreased its dividend payment by an average of 11.0% annually over the last three years.
Shares of PTY opened at $18.62 on Tuesday. The stock’s 50-day moving average price is $18.45. PIMCO Corporate&Income Opportunity Fund has a one year low of $13.30 and a one year high of $18.98.
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.
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