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

PIMCO Corporate & Income Strategy Fund (NYSE:PCN) announced a monthly dividend on Monday, June 1st. Stockholders of record on Thursday, June 11th will be paid a dividend of 0.1125 per share by the investment management company on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date of this dividend is Thursday, June 11th.

PIMCO Corporate & Income Strategy Fund Stock Down 0.5%

Shares of PCN stock opened at $11.77 on Tuesday. The firm’s 50-day moving average is $11.88 and its 200-day moving average is $12.37. PIMCO Corporate & Income Strategy Fund has a 52-week low of $11.40 and a 52-week high of $13.49.

PIMCO Corporate & Income Strategy Fund Company Profile

PIMCO Corporate & Income Strategy Fund (NYSE: PCN) is a diversified, closed-end management investment company that seeks to maximize current income while preserving capital and, secondarily, achieving long-term growth of capital. Listed on the New York Stock Exchange, the fund provides investors with actively managed exposure to global fixed-income markets through a pooled vehicle structure that can trade at premiums or discounts to net asset value.

The fund pursues its income objective by investing primarily in U.S.