PIMCO Corporate & Income (PCN) Earns Media Impact Score of 0.10

Press coverage about PIMCO Corporate & Income (NYSE:PCN) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PIMCO Corporate & Income earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news articles about the investment management company an impact score of 46.4905022469477 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of PIMCO Corporate & Income stock traded up $0.01 during trading hours on Thursday, hitting $16.81. The company’s stock had a trading volume of 28,846 shares, compared to its average volume of 99,160. PIMCO Corporate & Income has a 1-year low of $15.84 and a 1-year high of $17.95.

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, May 1st. Stockholders of record on Thursday, April 12th will be given a $0.1125 dividend. This represents a $1.35 annualized dividend and a dividend yield of 8.03%. The ex-dividend date is Wednesday, April 11th.

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PIMCO Corporate & Income Company Profile

Pimco Corporate & Income Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek high current income, with a secondary objective of capital preservation and appreciation. Under normal market conditions, the Fund invests at least 80% of its total assets in a combination of corporate debt obligations of varying maturities, other corporate income-producing securities, and income-producing securities of non-corporate issuers, such as the United States government securities, municipal securities, and mortgage-backed and other asset-backed securities issued on a public or private basis.

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