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

PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) announced a monthly dividend on Tuesday, October 1st, NASDAQ reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.1188 per share by the investment management company on Friday, November 1st. This represents a $1.43 annualized dividend and a dividend yield of 9.77%. The ex-dividend date of this dividend is Friday, October 11th.

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

PIMCO Corporate & Income Opportunity Fund Trading Up 0.6 %

PIMCO Corporate & Income Opportunity Fund stock opened at $14.59 on Wednesday. The business’s 50-day simple moving average is $14.30 and its 200 day simple moving average is $14.32. PIMCO Corporate & Income Opportunity Fund has a 12-month low of $11.92 and a 12-month high of $15.10.

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.