PIMCO Income Strategy Fund II (NYSE:PFN – Get Free Report) announced a monthly dividend on Monday, May 5th, Wall Street Journal reports. Shareholders of record on Monday, May 12th will be paid a dividend of 0.0718 per share by the financial services provider on Monday, June 2nd. This represents a $0.86 dividend on an annualized basis and a yield of 11.89%. The ex-dividend date is Monday, May 12th.
PIMCO Income Strategy Fund II has raised its dividend by an average of 3.8% annually over the last three years.
PIMCO Income Strategy Fund II Stock Performance
PIMCO Income Strategy Fund II stock opened at $7.25 on Wednesday. The company’s 50-day moving average is $7.32 and its 200-day moving average is $7.44. PIMCO Income Strategy Fund II has a fifty-two week low of $6.26 and a fifty-two week high of $7.77.
About PIMCO Income Strategy Fund II
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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