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

PIMCO Corporate & Income Strategy Fund (NYSE:PCN) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.1125 per share by the investment management company on Tuesday, April 1st. This represents a $1.35 annualized dividend and a dividend yield of 9.89%. The ex-dividend date is Thursday, March 13th.

PIMCO Corporate & Income Strategy Fund Price Performance

NYSE:PCN traded down $0.05 during trading hours on Tuesday, hitting $13.66. 256,679 shares of the company traded hands, compared to its average volume of 202,038. The firm has a 50-day moving average of $13.58 and a 200 day moving average of $13.75. PIMCO Corporate & Income Strategy Fund has a twelve month low of $12.32 and a twelve month high of $14.36.

PIMCO Corporate & Income Strategy Fund Company Profile

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.