Shares of Pimco Corporate & Income Strategy Fund (NYSE:PCN) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $19.54 and traded as high as $20.21. Pimco Corporate & Income Strategy Fund shares last traded at $20.13, with a volume of 75,173 shares traded.
The stock’s 50-day simple moving average is $19.62 and its 200 day simple moving average is $18.74.
The business also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 13th will be given a dividend of $0.112 per share. The ex-dividend date is Wednesday, February 12th. This represents a $1.34 dividend on an annualized basis and a yield of 6.65%.
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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