PIMCO Corporate & Income Strategy Fund (NYSE:PCN) Declares Dividend Increase – $0.11 Per Share

PIMCO Corporate & Income Strategy Fund (NYSE:PCN) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Thursday, July 11th will be given a dividend of 0.1125 per share by the investment management company on Thursday, August 1st. This represents a $1.35 annualized dividend and a dividend yield of 10.00%. The ex-dividend date is Thursday, July 11th. This is an increase from PIMCO Corporate & Income Strategy Fund’s previous monthly dividend of $0.11.

PIMCO Corporate & Income Strategy Fund Trading Up 0.2 %

Shares of PIMCO Corporate & Income Strategy Fund stock opened at $13.50 on Wednesday. PIMCO Corporate & Income Strategy Fund has a twelve month low of $10.70 and a twelve month high of $14.48. The business’s fifty day moving average price is $13.05 and its 200 day moving average price is $13.17.

About PIMCO Corporate & Income Strategy Fund

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.