PIMCO Income Opportunity Fund (NYSE:PKO) declared a monthly dividend on Friday, November 3rd, Wall Street Journal reports. Stockholders of record on Monday, November 13th will be given a dividend of 0.19 per share by the financial services provider on Friday, December 1st. This represents a $2.28 annualized dividend and a dividend yield of 8.61%. The ex-dividend date of this dividend is Friday, November 10th.
PIMCO Income Opportunity Fund has decreased its dividend by an average of 9.6% annually over the last three years.
PIMCO Income Opportunity Fund (NYSE PKO) traded down $0.09 during midday trading on Thursday, hitting $26.49. The stock had a trading volume of 39,655 shares, compared to its average volume of 62,677. PIMCO Income Opportunity Fund has a 1 year low of $21.25 and a 1 year high of $27.27.
About PIMCO Income Opportunity Fund
PIMCO Income Opportunity Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek current income as a primary focus and also capital appreciation. The Fund invests a substantial portion of assets in a variety of mortgage-related securities and may hold common stocks, including those received from conversion of other portfolio securities.
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