Pimco Income Strategy Fund II (NYSE:PFN) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.08 per share by the financial services provider on Tuesday, October 1st. This represents a $0.96 annualized dividend and a dividend yield of 9.13%. The ex-dividend date is Thursday, September 12th.
Pimco Income Strategy Fund II has decreased its dividend payment by an average of 4.9% annually over the last three years.
Shares of NYSE:PFN traded up $0.02 during midday trading on Wednesday, reaching $10.52. The company’s stock had a trading volume of 1,250 shares, compared to its average volume of 183,530. The business has a 50 day moving average price of $10.49 and a 200 day moving average price of $10.47. Pimco Income Strategy Fund II has a 1 year low of $8.88 and a 1 year high of $10.79.
PIMCO Income Strategy Fund II 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 the fixed income markets of the United States. It invests in securities of companies operating across the diversified sectors.
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