PIMCO Income Opportunity (NYSE:PKO) declared a monthly dividend on Wednesday, May 2nd, Wall Street Journal reports. Shareholders of record on Friday, May 11th will be given a dividend of 0.19 per share by the financial services provider on Friday, June 1st. This represents a $2.28 annualized dividend and a dividend yield of 8.42%. The ex-dividend date of this dividend is Thursday, May 10th.
PIMCO Income Opportunity has decreased its dividend by an average of 5.4% annually over the last three years.
PIMCO Income Opportunity opened at $27.09 on Friday, according to Marketbeat Ratings. PIMCO Income Opportunity has a 52 week low of $26.81 and a 52 week high of $27.00.
PIMCO Income Opportunity Company Profile
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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