PIMCO Corporate & Income Strategy Fund (NYSE:PCN) to Issue Monthly Dividend of $0.11

PIMCO Corporate & Income Strategy Fund (NYSE:PCN) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.1125 per share by the investment management company on Thursday, January 2nd. This represents a $1.35 dividend on an annualized basis and a yield of 9.58%. The ex-dividend date of this dividend is Thursday, December 12th.

PIMCO Corporate & Income Strategy Fund Trading Down 0.1 %

Shares of NYSE PCN opened at $14.09 on Wednesday. The company’s 50-day simple moving average is $13.97 and its 200-day simple moving average is $13.58. PIMCO Corporate & Income Strategy Fund has a 52-week low of $11.91 and a 52-week high of $14.36.

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.