PIMCO Income Opportunity Fund (NYSE:PKO) declared a monthly dividend on Monday, July 2nd, NASDAQ reports. Shareholders of record on Friday, July 13th will be given a dividend of 0.19 per share by the financial services provider on Wednesday, August 1st. This represents a $2.28 annualized dividend and a yield of 8.23%. The ex-dividend date is Thursday, July 12th.
PIMCO Income Opportunity Fund has decreased its dividend by an average of 5.4% annually over the last three years.
Get PIMCO Income Opportunity Fund alerts:PIMCO Income Opportunity Fund opened at $27.72 on Friday, Marketbeat.com reports. PIMCO Income Opportunity Fund has a 1-year low of $24.50 and a 1-year high of $27.98.
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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