PIMCO Corporate & Income Opportunity Fund (NYSE:PTY - Get Free Report) declared a monthly dividend on Monday, May 5th, Wall Street Journal reports. Stockholders of record on Monday, May 12th will be given a dividend of 0.1188 per share by the investment management company on Monday, June 2nd. This represents a $1.43 annualized dividend and a dividend yield of 10.33%. The ex-dividend date of this dividend is Monday, May 12th.
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 Stock Performance
Shares of PTY remained flat at $13.80 on Friday. 225,325 shares of the company were exchanged, compared to its average volume of 655,387. PIMCO Corporate & Income Opportunity Fund has a one year low of $11.70 and a one year high of $14.87. The company's 50-day moving average price is $13.84 and its 200 day moving average price is $14.32.
About PIMCO Corporate & Income Opportunity Fund
(
Get Free Report)
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.
Read More
Before you consider PIMCO Corporate & Income Opportunity Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PIMCO Corporate & Income Opportunity Fund wasn't on the list.
While PIMCO Corporate & Income Opportunity Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
