PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) Announces $0.12 Monthly Dividend

PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.1188 per share by the investment management company on Tuesday, April 1st. This represents a $1.43 dividend on an annualized basis and a dividend yield of 9.70%. The ex-dividend date of this dividend is Thursday, March 13th.

PIMCO Corporate & Income Opportunity Fund has raised its dividend by an average of 4.1% per year over the last three years.

PIMCO Corporate & Income Opportunity Fund Price Performance

PTY traded down $0.01 during mid-day trading on Tuesday, reaching $14.70. 920,852 shares of the stock were exchanged, compared to its average volume of 609,568. The company has a 50 day moving average price of $14.57 and a two-hundred day moving average price of $14.50. PIMCO Corporate & Income Opportunity Fund has a 1 year low of $13.23 and a 1 year high of $15.10.

About PIMCO Corporate & Income Opportunity Fund

PIMCO Corporate & Income Opportunity Fund 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 fixed income markets across the globe. It invests in corporate debt obligations rated in the lowest investment grade category Baa or BBB and in the highest non-investment grade category Ba or BB.