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

PIMCO Income Opportunity Fund (NYSE:PKO) announced a monthly dividend on Friday, November 1st, Zacks reports. Stockholders of record on Tuesday, November 12th will be given a dividend of 0.19 per share by the financial services provider on Monday, December 2nd. This represents a $2.28 annualized dividend and a dividend yield of 8.25%. The ex-dividend date of this dividend is Friday, November 8th.

PKO opened at $27.65 on Thursday. PIMCO Income Opportunity Fund has a twelve month low of $23.21 and a twelve month high of $28.04. The firm’s 50-day simple moving average is $26.78 and its 200-day simple moving average is $26.78.

PIMCO Income Opportunity Fund Company Profile

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 is the operating income formula?

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.