Pimco Income Strategy Fund II (PFN) to Issue Monthly Dividend of $0.08 on January 2nd
Pimco Income Strategy Fund II (NYSE:PFN) announced a monthly dividend on Tuesday, December 4th, Wall Street Journal reports. Investors of record on Thursday, December 13th will be given a dividend of 0.08 per share by the financial services provider on Wednesday, January 2nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.85%. The ex-dividend date is Wednesday, December 12th.
Pimco Income Strategy Fund II has raised its dividend by an average of 2.9% per year over the last three years.
PFN opened at $9.75 on Friday. Pimco Income Strategy Fund II has a 52 week low of $9.50 and a 52 week high of $10.87.
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PIMCO Income Strategy Fund II 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 the fixed income markets of the United States. It invests in securities of companies operating across the diversified sectors.
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