PIMCO Corporate Opportunity Fund About To Put More Money In Your Pocket (PTY)

Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, PIMCO Corporate Opportunity Fund (PTY) PTY will trade ex-dividend, for its monthly dividend of $0.13, payable on 5/1/13. As a percentage of PTY's recent stock price of $21.36, this dividend works out to approximately 0.61%, so look for shares of PIMCO Corporate Opportunity Fund to trade 0.61% lower — all else being equal — when PTY shares open for trading on 4/9/13.

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Below is a dividend history chart for PTY, showing historical dividends prior to the most recent $0.13 declared by PIMCO Corporate Opportunity Fund:

PTY+Dividend+History+Chart

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 7.30% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, PIMCO Corporate Opportunity Fund shares are currently up about 0.3% on the day.

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