PIMCO Corporate & Income Strategy Fund (NYSE:PCN) to Issue Monthly Dividend of $0.11

PIMCO Corporate & Income Strategy Fund (NYSE:PCN) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Monday, May 13th will be given a dividend of 0.112 per share by the investment management company on Monday, June 3rd. This represents a $1.34 annualized dividend and a dividend yield of 10.54%. The ex-dividend date of this dividend is Friday, May 10th.

PIMCO Corporate & Income Strategy Fund Stock Performance

PCN opened at $12.75 on Thursday. PIMCO Corporate & Income Strategy Fund has a twelve month low of $10.70 and a twelve month high of $14.48. The company has a 50-day moving average price of $13.40 and a 200 day moving average price of $12.85.

PIMCO Corporate & Income Strategy Fund Company Profile

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