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

PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Thursday, July 11th will be given a dividend of 0.1188 per share by the investment management company on Thursday, August 1st. This represents a $1.43 dividend on an annualized basis and a yield of 9.89%. The ex-dividend date is Thursday, July 11th.

PIMCO Corporate & Income Opportunity Fund has decreased its dividend payment by an average of 3.0% per year over the last three years.

PIMCO Corporate & Income Opportunity Fund Trading Up 0.4 %

Shares of PIMCO Corporate & Income Opportunity Fund stock traded up $0.06 on Tuesday, reaching $14.41. 355,401 shares of the stock were exchanged, compared to its average volume of 574,832. PIMCO Corporate & Income Opportunity Fund has a 1-year low of $11.92 and a 1-year high of $15.10. The business has a fifty day moving average price of $14.28 and a two-hundred day moving average price of $14.11.

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.