Pimco Corporate & Income Opportunity Fund Declares Monthly Dividend of $0.12 (NYSE:PTY)

Key Points

• Pimco Corporate & Income Opportunity Fund declared a monthly dividend of $0.1188 per share, payable on June 1 to stockholders of record as of May 11. The ex-dividend date is also May 11.
• The dividend implies an annualized yield of 11.6%, highlighting the fund’s relatively high income payout.
• PTY shares were down 0.4% and opened at $12.31, trading near the middle of their 52-week range of $11.58 to $14.69.

Pimco Corporate & Income Opportunity Fund (NYSE:PTY - Get Free Report) announced a monthly dividend on Friday, May 1st. Stockholders of record on Monday, May 11th will be given a dividend of 0.1188 per share by the investment management company on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date of this dividend is Monday, May 11th.

Pimco Corporate & Income Opportunity Fund Trading Down 0.4%

PTY stock opened at $12.31 on Friday. Pimco Corporate & Income Opportunity Fund has a 1 year low of $11.58 and a 1 year high of $14.69. The stock has a 50-day simple moving average of $12.22 and a 200-day simple moving average of $12.84.

Pimco Corporate & Income Opportunity Fund Company Profile

The Pimco Corporate & Income Opportunity Fund NYSE: PTY is a closed-end management investment company sponsored by Pacific Investment Management Company LLC (PIMCO). The fund's primary objective is to provide a high level of current income, with a secondary focus on capital appreciation. It seeks to achieve these goals through investment in a diversified portfolio of corporate debt securities, loan participations and other fixed-income instruments.

PTY primarily invests in a broad range of U.S.

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