Shares of Pimco Corporate & Income Strategy Fund (NYSE:PCN) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $18.72 and traded as high as $19.02. Pimco Corporate & Income Strategy Fund shares last traded at $19.02, with a volume of 1,065 shares changing hands.
The company’s 50-day simple moving average is $18.76 and its 200 day simple moving average is $17.95.
The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.112 per share. This represents a $1.34 annualized dividend and a dividend yield of 7.01%. The ex-dividend date is Friday, November 8th.
About Pimco Corporate & Income Strategy Fund (NYSE:PCN)
PIMCO Corporate & Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors.
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