PIMCO Corporate&Income Opportunity Fund (NYSE:PTY) declared a monthly dividend on Thursday, October 1st, Zacks reports. Shareholders of record on Tuesday, October 13th will be given a dividend of 0.13 per share by the investment management company on Monday, November 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 9.63%. The ex-dividend date of this dividend is Friday, October 9th.
PTY traded up $0.02 during mid-day trading on Friday, reaching $16.20. 379,979 shares of the stock were exchanged, compared to its average volume of 562,507. The company has a 50 day moving average price of $16.07 and a two-hundred day moving average price of $14.96. PIMCO Corporate&Income Opportunity Fund has a 1 year low of $9.10 and a 1 year high of $19.73.
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.
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