Pimco Corporate & Income Strategy Fund (NYSE:PCN)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $17.72 and traded as high as $18.25. Pimco Corporate & Income Strategy Fund shares last traded at $18.22, with a volume of 36,221 shares traded.
The business has a 50 day moving average price of $17.74.
The company also recently declared a monthly dividend, which was paid on Thursday, August 1st. Shareholders of record on Friday, July 12th were paid a dividend of $0.112 per share. The ex-dividend date was Thursday, July 11th. This represents a $1.34 annualized dividend and a yield of 7.35%.
About Pimco Corporate & Income Strategy Fund (NYSE:PCN)
PIMCO Corporate & Income Strategy 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 of the United States. The fund invests in securities of companies that operate across diversified sectors.
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