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.

ILLEGAL ACTIVITY NOTICE: “PIMCO Income Opportunity Fund (PKO) Declares $0.19 Monthly Dividend” was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of international copyright & trademark laws. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/11/03/pimco-income-opportunity-fund-pko-declares-0-19-monthly-dividend.html.

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.

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

Receive News & Ratings for PIMCO Income Opportunity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Income Opportunity Fund and related companies with MarketBeat.com's FREE daily email newsletter.