SmarterDividends
PTY

PIMCO Corporate & Income Opportunity Fund

PTY

Financial Services · Asset Management · Stock · monthly payer

$10.71

Undervalued · +46% Add to Portfolio

Forward Yield

13.31%

Annual Dividend

$1.43

Payout Ratio

140%

5-Yr Growth

-1.8%

Ex-Date

Oct 13, 2026

Frequency

Monthly

Key facts about PTY's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, PIMCO Corporate & Income Opportunity Fund (PTY) has a forward dividend yield of 13.31%, based on an annual dividend of $1.43 per share and a share price of $10.71.
  • As of Oct 18, 2026, PTY's dividend safety grade from SmarterDividends is C (55 out of 100), which rates the dividend as borderline.
  • PTY last cut its regular dividend in 2022.
  • PTY's most recent ex-dividend date was Oct 13, 2026, for a dividend of $0.12 per share.
  • As of Oct 18, 2026, PTY pays out 140% of its trailing 12-month earnings as dividends (its payout ratio).
  • PTY's dividend has shrunk at an average rate of 1.8% a year over the past five years.
  • As of Oct 18, 2026, PTY's 13.31% yield is 32% above its five-year average yield of 10.09%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for PTY is $15.62 per share, 46% above the $10.71 share price, so PTY screens as undervalued.
  • PIMCO Corporate & Income Opportunity Fund (PTY) pays its dividend monthly, 12 times a year.
  • PIMCO Corporate & Income Opportunity Fund (PTY) has raised its regular dividend 1 time and cut it 2 times across the 296 payments on record since 2003. Its most recent change was a 8.5% cut to $0.119 per share, going ex-dividend on Sep 10, 2021.
Cite this page

SmarterDividends, "PTY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/PTY

Summary

As of Oct 18, 2026, PIMCO Corporate & Income Opportunity Fund (PTY) yields 13.31% ($1.43 a year per share) and has a dividend safety grade of C (55/100).

Is PTY a good dividend stock?

Mixed

PIMCO Corporate & Income Opportunity Fund (PTY) pays a monthly dividend yielding 13.31% ($1.43/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2022
    • Elevated payout ratio (140%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    13.31%
    Payout Ratio
    140%
    Annual Dividend
    $1.43
    5-Yr Avg Growth
    -1.8%
    Ex-Dividend Date
    Oct 13, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.79
    Market Cap
    $2.4B
    P/E Ratio
    10.5
    5-Yr Total Return
    -39%
    52-Week Range
    $10.56 – $13.91
    Dividend Safety
    C · 55/100
    Ever Cut?
    Yes (2022)

    PTY dividend raises and cuts

    PIMCO Corporate & Income Opportunity Fund (PTY) has raised its regular dividend 1 time and cut it 2 times across the 296 payments on record since 2003. Its most recent change was a 8.5% cut to $0.119 per share, going ex-dividend on Sep 10, 2021.

    Ex-dateChangeOld → newMove
    Sep 10, 2021Cut$0.130 → $0.119−8.5%
    May 9, 2012Raise$0.115 → $0.130+13.0%
    Oct 10, 2006Cut$0.138 → $0.115−16.7%
    Every PTY payment →Download every raise and cut (CSV)
    PTY ex-dividend date & scheduleNext ex-date Oct 13, 2026 · full ex-dividend historyView →PTY dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is PTY a good dividend stock?

    Mixed. PIMCO Corporate & Income Opportunity Fund (PTY) pays a monthly dividend yielding 13.31% ($1.43/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is PTY undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PTY's fair value is about $15.62 versus a $10.71 share price — so it looks undervalued (+46% vs. fair value).

    Is PTY's dividend safe?

    PTY has a dividend-safety grade of C (55/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

    What is PTY's fair value?

    Our blended fair-value estimate for PTY is about $15.62 per share, roughly 46% above the current $10.71 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is PTY a buy, hold, or sell?

    We don't issue formal ratings, but on the data PTY screens as "mixed" and undervalued. PIMCO Corporate & Income Opportunity Fund (PTY) pays a monthly dividend yielding 13.31% ($1.43/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will PTY cut its dividend?

    PTY earns a dividend-safety grade of C (55/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does PTY pay a dividend?

    Yes. PIMCO Corporate & Income Opportunity Fund pays a monthly dividend of about $1.43 per share annually, a forward yield of roughly 13.31%.

    What is PTY's dividend yield?

    As of Oct 18, 2026, PTY's forward dividend yield is 13.31%, based on a $1.43 annual dividend and a $10.71 share price.

    What is PTY's dividend per share?

    As of Oct 18, 2026, PTY pays $1.43 per share per year, distributed on a monthly basis.

    What is PTY's dividend payout ratio?

    As of Oct 18, 2026, PTY's payout ratio is 140% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has PTY grown its dividend?

    PTY does not currently have a long dividend-growth streak on record.

    When is the next PTY ex-dividend date?

    As of Oct 18, 2026, PTY's next ex-dividend date hasn't been announced. The most recent was Oct 13, 2026, for $0.12 per share.

    Income Calculator

    At $1.43 / yr per share

    Per payment (monthly)$11.92
    Annual$143.00
    Monthly avg$11.92

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