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

PIMCO Corporate & Income Strategy Fund (NYSE:PCN) announced a monthly dividend on Monday, November 2nd. Shareholders of record on Friday, November 13th will be given a dividend of $0.1125 per share by the investment management company on Tuesday, December 1st. This represents a $1.35 annualized dividend and a yield of 12.2%. The ex-dividend date is Friday, November 13th.

PIMCO Corporate & Income Strategy Fund Stock Up 1.7%

NYSE:PCN opened at $11.03 on Wednesday. PIMCO Corporate & Income Strategy Fund has a twelve month low of $10.44 and a twelve month high of $13.06. The business has a 50 day moving average price of $11.04 and a two-hundred day moving average price of $11.79.

About PIMCO Corporate & Income Strategy Fund

PIMCO Corporate & Income Strategy Fund (NYSE: PCN) is a closed-end management investment company designed to provide investors with a high level of current income, with capital appreciation as a secondary objective. The fund is managed by PIMCO, a global investment management firm specializing in fixed-income and related strategies.

PCN invests primarily in corporate debt obligations and other income-producing securities. Its portfolio may include investment-grade and below-investment-grade bonds, commonly known as high-yield bonds, as well as securities issued by companies and governments in the United States and other countries.