PIMCO Income Opportunity Fund (NYSE:PKO) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Friday, October 13th will be given a dividend of 0.19 per share by the financial services provider on Wednesday, November 1st. This represents a $2.28 annualized dividend and a dividend yield of 8.68%. The ex-dividend date of this dividend is Thursday, October 12th.

PIMCO Income Opportunity Fund has decreased its dividend payment by an average of 9.6% annually over the last three years.

Shares of PIMCO Income Opportunity Fund (PKO) traded down 0.76% during trading on Tuesday, hitting $26.26. 133,935 shares of the company were exchanged. PIMCO Income Opportunity Fund has a 12 month low of $21.25 and a 12 month high of $27.27. The company’s 50-day moving average price is $25.93 and its 200 day moving average price is $26.06.

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About PIMCO Income Opportunity Fund

PIMCO Income Opportunity Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek current income as a primary focus and also capital appreciation. The Fund invests a substantial portion of assets in a variety of mortgage-related securities and may hold common stocks, including those received from conversion of other portfolio securities.

Dividend History for PIMCO Income Opportunity Fund (NYSE:PKO)

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