Pimco Corporate & Income Strategy Fund to Issue Monthly Dividend of $0.11 (NYSE:PCN)

Pimco Corporate & Income Strategy Fund (NYSE:PCN) declared a monthly dividend on Friday, November 1st, Zacks reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.112 per share by the investment management company on Monday, December 2nd. This represents a $1.34 annualized dividend and a yield of 6.86%. The ex-dividend date is Friday, November 8th.

PCN stock traded up $0.24 during trading on Wednesday, hitting $19.59. The company had a trading volume of 3,511 shares, compared to its average volume of 100,812. The firm has a 50-day moving average price of $18.57 and a 200-day moving average price of $17.86. Pimco Corporate & Income Strategy Fund has a 12 month low of $13.35 and a 12 month high of $19.54.

About Pimco Corporate & Income Strategy Fund

PIMCO Corporate & Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors.

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Dividend History for Pimco Corporate & Income Strategy Fund (NYSE:PCN)

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