Looking at the universe of stocks we cover at Dividend Channel, on 7/9/13, PIMCO Corporate Opportunity Fund (PTY) will trade ex-dividend, for its monthly dividend of $0.13, payable on 8/1/13. As a percentage of PTY's recent stock price of $18.59, this dividend works out to approximately 0.70%, so look for shares of PIMCO Corporate Opportunity Fund to trade 0.70% lower — all else being equal — when PTY shares open for trading on 7/9/13.
Below is a dividend history chart for PTY, showing historical dividends prior to the most recent $0.13 declared by PIMCO Corporate Opportunity Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PTY is likely to continue, and whether the current estimated yield of 8.39% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PTY shares, versus its 200 day moving average:Looking at the chart above, PTY's low point in its 52 week range is $17.52 per share, with $22.20 as the 52 week high point — that compares with a last trade of $18.52.
In Friday trading, PIMCO Corporate Opportunity Fund shares are currently down about 0.8% on the day.