PIMCO Corporate & Income Opportunity Fund Announces $0.1188 Monthly Dividend
The PIMCO Corporate & Income Opportunity Fund (PTY) has declared a monthly dividend of $0.1188 per share, consistent with its previous payout levels. The forward yield is currently at 12.09%, reflecting the fund's ongoing commitment to delivering income to shareholders. Dividends will be payable on October 1 for shareholders registered as of September 11, and shares will trade ex-dividend starting that same date. Analysts have noted that PTY continues to offer a high yield in comparison to broader market conditions, with some observers suggesting the fund's valuation does not fully reflect its performance. The announcement reinforces investor confidence in PIMCO’s ability to maintain steady income generation amid economic uncertainty.
Tickers: $PTY
Topics: closed-end funds dividends