PIMCO Corporate & Income Strategy Fund to Issue Monthly Dividend of $0.11 (NYSE:PCN)

PIMCO Corporate & Income Strategy Fund (NYSE:PCN) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Tuesday, November 12th will be given a dividend of 0.1125 per share by the investment management company on Monday, December 2nd. This represents a $1.35 annualized dividend and a yield of 9.65%. The ex-dividend date of this dividend is Tuesday, November 12th.

PIMCO Corporate & Income Strategy Fund Price Performance

PCN stock opened at $13.99 on Friday. The company’s 50-day moving average is $13.89 and its 200-day moving average is $13.43. PIMCO Corporate & Income Strategy Fund has a 1 year low of $11.91 and a 1 year high of $14.36.

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.