Pimco Corporate & Income Strategy Fund Insider William H. Gross Buys 18,812 Shares (PCN)
Pimco Corporate & Income Strategy Fund (NYSE:PCN) Insider William H. Gross bought 18,812 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average cost of $16.78 per share, with a total value of $315,665.36. Following the completion of the acquisition, the insider now directly owns 723,734 shares in the company, valued at approximately $12,144,257. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Pimco Corporate & Income Strategy Fund (NYSE:PCN) remained flat at $16.78 during during mid-day trading trading on Friday. The stock had a trading volume of 86,646 shares. Pimco Corporate & Income Strategy Fund has a 1-year low of $15.69 and a 1-year high of $17.26. The stock has a 50-day moving average of $16.51 and a 200-day moving average of $16.73.
The company also recently declared a monthly dividend, which is scheduled for Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be given a dividend of $0.1125 per share. This represents a $1.35 dividend on an annualized basis and a yield of 8.05%. The ex-dividend date of this dividend is Thursday, August 7th.
PIMCO Corporate & Income Strategy Fund (NYSE:PCN), formerly PIMCO Corporate Income Fund, is a closed-end exchange traded management investment company.
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