Pimco Corporate & Income Strategy Fund (PCN) Declares Monthly Dividend of $0.11

Pimco Corporate & Income Strategy Fund (NYSE:PCN) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be given a dividend of 0.1125 per share by the investment management company on Thursday, February 1st. This represents a $1.35 annualized dividend and a dividend yield of 7.68%. The ex-dividend date of this dividend is Thursday, January 11th.

Pimco Corporate & Income Strategy Fund has decreased its dividend payment by an average of 7.5% per year over the last three years.

Pimco Corporate & Income Strategy Fund (NYSE PCN) traded up $0.15 during trading on Thursday, hitting $17.57. The company had a trading volume of 105,300 shares, compared to its average volume of 104,750. Pimco Corporate & Income Strategy Fund has a 12 month low of $14.86 and a 12 month high of $17.95. The stock has a market capitalization of $683.88, a PE ratio of 6.28 and a beta of 0.41.

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Pimco Corporate & Income Strategy Fund Company Profile

Pimco Corporate & Income Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek high current income, with a secondary objective of capital preservation and appreciation. Under normal market conditions, the Fund invests at least 80% of its total assets in a combination of corporate debt obligations of varying maturities, other corporate income-producing securities, and income-producing securities of non-corporate issuers, such as the United States government securities, municipal securities, and mortgage-backed and other asset-backed securities issued on a public or private basis.

Dividend History for Pimco Corporate & Income Strategy Fund (NYSE:PCN)

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