PIMCO Income Strategy Fund II (NYSE:PFN) to Issue Monthly Dividend of $0.07

PIMCO Income Strategy Fund II (NYSE:PFN) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.0718 per share by the financial services provider on Tuesday, April 1st. This represents a $0.86 annualized dividend and a yield of 11.34%. The ex-dividend date is Thursday, March 13th.

PIMCO Income Strategy Fund II has raised its dividend payment by an average of 3.8% per year over the last three years.

PIMCO Income Strategy Fund II Price Performance

Shares of PIMCO Income Strategy Fund II stock traded up $0.01 during trading on Tuesday, hitting $7.60. 429,791 shares of the company’s stock traded hands, compared to its average volume of 285,431. The firm’s fifty day moving average price is $7.50 and its 200 day moving average price is $7.50. PIMCO Income Strategy Fund II has a twelve month low of $6.96 and a twelve month high of $7.77.

PIMCO Income Strategy Fund II Company Profile

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.