PIMCO Corporate & Income Strategy Fund (PCN) to Issue Monthly Dividend of $0.11 on April 1st

PIMCO Corporate & Income Strategy Fund (NYSE:PCN) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Thursday, March 12th will be paid a dividend of 0.1125 per share by the investment management company on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 11.1%. The ex-dividend date is Thursday, March 12th.

PIMCO Corporate & Income Strategy Fund Stock Performance

NYSE:PCN opened at $12.19 on Tuesday. The stock’s fifty day simple moving average is $12.74 and its 200-day simple moving average is $12.88. PIMCO Corporate & Income Strategy Fund has a 12-month low of $11.30 and a 12-month high of $13.70.

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.