Reminder - PIMCO Corporate Income Fund (PCN) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 2/11/14, PIMCO Corporate Income Fund ( PCN) will trade ex-dividend, for its monthly dividend of $0.1125, payable on 3/3/14. As a percentage of PCN's recent stock price of $16.88, this dividend works out to approximately 0.67%, so look for shares of PIMCO Corporate Income Fund to trade 0.67% lower — all else being equal — when PCN shares open for trading on 2/11/14.

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Below is a dividend history chart for PCN, showing historical dividends prior to the most recent $0.1125 declared by PIMCO Corporate Income Fund:

PCN+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 PCN is likely to continue, and whether the current estimated yield of 8.00% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PCN shares, versus its 200 day moving average:

PIMCO Corporate Income Fund 200 Day Moving Average Chart

Looking at the chart above, PCN's low point in its 52 week range is $15.22 per share, with $19.15 as the 52 week high point — that compares with a last trade of $16.88.

In Friday trading, PIMCO Corporate Income Fund shares are currently down about 0.1% on the day.

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