PIMCO Income Strategy Fund II (NYSE:PFN) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Friday, January 12th will be paid a dividend of 0.08 per share by the financial services provider on Thursday, February 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.16%. The ex-dividend date of this dividend is Thursday, January 11th.
PIMCO Income Strategy Fund II has raised its dividend by an average of 2.9% annually over the last three years.
Shares of PIMCO Income Strategy Fund II (PFN) traded up $0.05 on Wednesday, hitting $10.48. 251,400 shares of the stock were exchanged, compared to its average volume of 260,100. PIMCO Income Strategy Fund II has a fifty-two week low of $9.44 and a fifty-two week high of $10.89.
TRADEMARK VIOLATION WARNING: “PIMCO Income Strategy Fund II to Issue Monthly Dividend of $0.08 (PFN)” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2018/01/03/pimco-income-strategy-fund-ii-to-issue-monthly-dividend-of-0-08-pfn.html.
PIMCO Income Strategy Fund II (the Fund) is a closed-end management investment company. The Fund’s primary investment objective is to seek high current income, consistent with the preservation of capital. The Fund allocates assets in varying proportions among floating- and fixed-rate debt instruments, as well as among investment grade and non-investment-grade securities.
Receive News & Ratings for PIMCO Income Strategy Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Income Strategy Fund II and related companies with MarketBeat.com's FREE daily email newsletter.