PIMCO Corporate & Income Strategy Fund (NYSE:PCN) Declares 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 dividend on an annualized basis and a yield of 10.47%. The ex-dividend date is Friday, May 10th.

PIMCO Corporate & Income Strategy Fund Price Performance

NYSE PCN opened at $12.84 on Wednesday. The firm has a 50-day moving average price of $13.41 and a two-hundred day moving average price of $12.85. PIMCO Corporate & Income Strategy Fund has a 12-month low of $10.70 and a 12-month high of $14.48.

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.