PIMCO Corporate & Income Strategy Fund (NYSE:PCN) Announces $0.11 Monthly Dividend

PIMCO Corporate & Income Strategy Fund (NYSE:PCN) declared a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Monday, August 12th will be given a dividend of 0.112 per share by the investment management company on Tuesday, September 3rd. This represents a $1.34 dividend on an annualized basis and a yield of 9.75%. The ex-dividend date of this dividend is Monday, August 12th.

PIMCO Corporate & Income Strategy Fund Stock Performance

PCN stock traded down $0.12 on Friday, reaching $13.79. The company’s stock had a trading volume of 345,627 shares, compared to its average volume of 229,656. PIMCO Corporate & Income Strategy Fund has a 52 week low of $10.70 and a 52 week high of $14.48. The firm has a fifty day moving average of $13.32 and a two-hundred day moving average of $13.29.

About PIMCO Corporate & Income Strategy Fund

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.