Pimco Corporate & Income Strategy Fund (PCN) To Go Ex-Dividend on October 12th

Pimco Corporate & Income Strategy Fund (NYSE:PCN) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, October 13th will be given a dividend of 0.1125 per share by the investment management company on Wednesday, November 1st. This represents a $1.35 annualized dividend and a yield of 7.80%. The ex-dividend date is Thursday, October 12th. This is a positive change from Pimco Corporate & Income Strategy Fund’s previous monthly dividend of $0.11.

Pimco Corporate & Income Strategy Fund has decreased its dividend by an average of 7.5% per year over the last three years.

Shares of Pimco Corporate & Income Strategy Fund (PCN) traded down 0.040% during trading on Wednesday, hitting $17.293. 11,587 shares of the stock traded hands. Pimco Corporate & Income Strategy Fund has a 52 week low of $12.64 and a 52 week high of $17.95. The firm’s 50-day moving average price is $17.04 and its 200-day moving average price is $16.91.

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About Pimco Corporate & Income Strategy Fund

Pimco Corporate & Income Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek high current income, with a secondary objective of capital preservation and appreciation. Under normal market conditions, the Fund invests at least 80% of its total assets in a combination of corporate debt obligations of varying maturities, other corporate income-producing securities, and income-producing securities of non-corporate issuers, such as the United States government securities, municipal securities, and mortgage-backed and other asset-backed securities issued on a public or private basis.

Dividend History for Pimco Corporate & Income Strategy Fund (NYSE:PCN)

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