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

PIMCO Corporate & Income Strategy Fund (NYSE:PCN) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Friday, April 11th will be given a dividend of 0.1125 per share by the investment management company on Thursday, May 1st. This represents a $1.35 annualized dividend and a yield of 10.03%. The ex-dividend date is Friday, April 11th.

PIMCO Corporate & Income Strategy Fund Stock Performance

Shares of PCN stock traded down $0.19 during trading on Thursday, hitting $13.46. The company’s stock had a trading volume of 250,092 shares, compared to its average volume of 216,453. PIMCO Corporate & Income Strategy Fund has a 52 week low of $12.32 and a 52 week high of $14.36. The business has a fifty day moving average of $13.63 and a 200-day moving average of $13.76.

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.