SmarterDividends
PTY

PIMCO Corporate & Income Opportunity Fund

PTY

Financial Services · Stock · monthly payer

$11.76

Undervalued · +37% Add to Portfolio

Forward Yield

12.13%

Annual Dividend

$1.43

Payout Ratio

106%

5-Yr Growth

-1.8%

Ex-Date

Aug 13, 2026

Frequency

Monthly

Summary

As of August 2026, PIMCO Corporate & Income Opportunity Fund (PTY) yields 12.13% ($1.43 per share annually), with a blended fair-value estimate of $16.09 — +37% upside, so it screens as undervalued. Dividend safety grade: C (59/100).

Is PTY a good dividend stock?

Yes, with caveats

PIMCO Corporate & Income Opportunity Fund (PTY) pays a monthly dividend yielding 12.13% ($1.43/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2022
    • Elevated payout ratio (106%)
    • 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
    12.13%
    Payout Ratio
    106%
    Annual Dividend
    $1.43
    5-Yr Avg Growth
    -1.8%
    Ex-Dividend Date
    Aug 13, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.81
    Market Cap
    $2.5B
    P/E Ratio
    8.7
    5-Yr Total Return
    -36%
    52-Week Range
    Dividend Safety
    C · 59/100
    Ever Cut?
    Yes (2022)
    PTY ex-dividend date & scheduleNext ex-date Aug 13, 2026 · full ex-dividend historyView →

    Frequently Asked Questions