PIMCO Income Opportunity Fund (PKO) Declares $0.19 Monthly Dividend
PIMCO Income Opportunity Fund (NYSE:PKO) announced a monthly dividend on Friday, November 3rd, Wall Street Journal reports. Investors of record on Monday, November 13th will be given a dividend of 0.19 per share by the financial services provider on Friday, December 1st. This represents a $2.28 annualized dividend and a yield of 8.74%. The ex-dividend date is Friday, November 10th.
PIMCO Income Opportunity Fund has decreased its dividend payment by an average of 9.6% annually over the last three years.
PIMCO Income Opportunity Fund (NYSE:PKO) traded down $0.08 during midday trading on Friday, reaching $26.14. The company had a trading volume of 40,015 shares.
PIMCO Income Opportunity Fund Company Profile
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.
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