PIMCO Corporate & Income Strategy Fund Declares Monthly Dividend

The PIMCO Corporate & Income Strategy Fund (NYSE:PCN) announced a monthly dividend on January 2nd, according to reports from NASDAQ Dividends. Shareholders who are on record by January 13th will receive a dividend of $0.1125 per share, to be paid out on February 3rd. This dividend amounts to an annualized total of $1.35 per share, translating into a dividend yield of 9.94%. Notably, the ex-dividend date is set for January 13th.

PIMCO Corporate & Income Strategy Fund Stock Performance

On Friday, shares of PIMCO Corporate & Income Strategy Fund opened at $13.58. Over the past year, the fund has experienced a low of $12.32 and a high of $14.36. The stock also has a 50-day simple moving average of $13.82 and a 200-day simple moving average of $13.67.

About PIMCO Corporate & Income Strategy Fund

The PIMCO Corporate & Income Strategy Fund is a closed-ended fixed income mutual fund managed by PIMCO, under the management of Allianz Global Investors Fund Management LLC. This fund focuses on investment in the U.S. fixed income markets, targeting securities from companies across various sectors.

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