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

Key Points

• Pimco Corporate & Income Opportunity Fund (NYSE:PTY) has announced a monthly dividend of $0.12 per share, with a yield of 10.1% based on the current pricing.
• The ex-dividend date is set for August 11th, with the payment date scheduled for September 2nd.
• Recent trading showed that shares of PTY are valued at $14.06, with 872,971 shares changing hands, which exceeds its average volume of 750,337 shares.

Pimco Corporate & Income Opportunity Fund (NYSE:PTY - Get Free Report) announced a monthly dividend on Tuesday, August 5th, Wall Street Journal reports. Investors of record on Monday, August 11th will be paid a dividend of 0.1188 per share by the investment management company on Tuesday, September 2nd. This represents a c) annualized dividend and a yield of 10.2%. The ex-dividend date is Monday, August 11th.

Pimco Corporate & Income Opportunity Fund Stock Up 0.2%

PTY stock traded up $0.03 during midday trading on Friday, reaching $13.98. 776,999 shares of the company's stock traded hands, compared to its average volume of 691,954. Pimco Corporate & Income Opportunity Fund has a 52-week low of $11.70 and a 52-week high of $14.87. The stock's 50-day moving average is $13.82 and its 200 day moving average is $13.99.

Pimco Corporate & Income Opportunity Fund Company Profile

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.