PIMCO Income Opportunity Fund (NYSE:PKO) Declares $0.19 Monthly Dividend

PIMCO Income Opportunity Fund (NYSE:PKO) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.19 per share by the financial services provider on Thursday, January 2nd. This represents a $2.28 dividend on an annualized basis and a yield of 8.16%. The ex-dividend date of this dividend is Wednesday, December 11th.

Shares of PKO stock opened at $27.94 on Monday. PIMCO Income Opportunity Fund has a 12 month low of $23.21 and a 12 month high of $28.04. The business’s 50 day moving average is $27.42 and its two-hundred day moving average is $26.93.

About PIMCO Income Opportunity Fund

PIMCO Income Opportunity Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the fixed income markets across the globe. The fund invests in corporate debt, government and sovereign debt, mortgage backed and other asset-backed securities, bank loans and related instruments, convertible securities and other income-producing securities, with an average duration of 2 to 8 years.

See Also: What are the components of an earnings report?

Dividend History for PIMCO Income Opportunity Fund (NYSE:PKO)

Receive News & Ratings for PIMCO Income Opportunity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Income Opportunity Fund and related companies with MarketBeat.com's FREE daily email newsletter.