PIMCO Income Strategy Fund II (NYSE:PFN) Declares $0.07 Monthly Dividend

PIMCO Income Strategy Fund II (NYSE:PFN) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.0718 per share by the financial services provider on Monday, February 3rd. This represents a $0.86 annualized dividend and a dividend yield of 11.49%. The ex-dividend date of this dividend is Monday, January 13th.

PIMCO Income Strategy Fund II has decreased its dividend payment by an average of 3.5% per year over the last three years.

PIMCO Income Strategy Fund II Stock Performance

PFN stock traded up $0.03 during trading on Friday, hitting $7.50. The company had a trading volume of 432,916 shares, compared to its average volume of 369,858. PIMCO Income Strategy Fund II has a fifty-two week low of $6.96 and a fifty-two week high of $7.76. The business has a 50 day moving average of $7.48 and a 200 day moving average of $7.39.

About PIMCO Income Strategy Fund II

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