PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) Plans $0.12 Monthly Dividend

PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.1188 per share by the investment management company on Thursday, January 2nd. This represents a $1.43 dividend on an annualized basis and a dividend yield of 9.64%. The ex-dividend date is Thursday, December 12th.

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 Stock Performance

PTY traded up $0.02 during trading on Tuesday, reaching $14.79. 631,380 shares of the company’s stock were exchanged, compared to its average volume of 589,013. PIMCO Corporate & Income Opportunity Fund has a 1 year low of $13.00 and a 1 year high of $15.10. The company’s fifty day simple moving average is $14.54 and its 200-day simple moving average is $14.38.

PIMCO Corporate & Income Opportunity Fund Company Profile

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.