PIMCO Income Strategy Fund II (NYSE:PFN) to Issue $0.07 Monthly Dividend

PIMCO Income Strategy Fund II (NYSE:PFN) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be given a dividend of 0.0718 per share by the financial services provider on Monday, February 3rd. This represents a $0.86 dividend on an annualized basis and a yield of 11.49%. The ex-dividend date is Monday, January 13th.

PIMCO Income Strategy Fund II has decreased its dividend payment by an average of 3.5% per year over the last three years.

PIMCO Income Strategy Fund II Stock Performance

Shares of NYSE PFN traded up $0.03 during trading on Friday, hitting $7.50. The stock had a trading volume of 432,916 shares, compared to its average volume of 369,858. The firm has a fifty day moving average of $7.48 and a two-hundred day moving average of $7.39. PIMCO Income Strategy Fund II has a 12 month low of $6.96 and a 12 month high of $7.76.

PIMCO Income Strategy Fund II Company Profile

PIMCO Income Strategy Fund II 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 the fixed income markets of the United States. It invests in securities of companies operating across the diversified sectors.