PIMCO Dynamic Income Fund (NYSE:PDI) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.221 per share on Tuesday, October 1st. This represents a $2.65 dividend on an annualized basis and a dividend yield of 8.29%. The ex-dividend date of this dividend is Thursday, September 12th.
PIMCO Dynamic Income Fund has decreased its dividend payment by an average of 20.7% annually over the last three years.
Shares of NYSE PDI traded up $0.19 during midday trading on Thursday, reaching $31.98. 3,728 shares of the company’s stock traded hands, compared to its average volume of 195,917. The stock’s 50 day simple moving average is $31.78 and its 200-day simple moving average is $31.90. PIMCO Dynamic Income Fund has a one year low of $26.68 and a one year high of $34.04.
PIMCO Dynamic Income Fund Company Profile
PIMCO Dynamic Income Fund is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets across the globe. It invests in multiple fixed-income sectors, including non-agency residential and commercial mortgage-backed securities and below investment-grade securities.
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