PIMCO Dynamic Income Fund (NYSE:PDI) Announces $0.22 Monthly Dividend

PIMCO Dynamic Income Fund (NYSE:PDI) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Friday, October 11th will be paid a dividend of 0.221 per share on Friday, November 1st. This represents a $2.65 annualized dividend and a yield of 8.12%. The ex-dividend date is Thursday, October 10th.

PIMCO Dynamic Income Fund has decreased its dividend payment by an average of 20.7% annually over the last three years.

Shares of PDI stock opened at $32.66 on Wednesday. The company’s 50 day moving average price is $32.06 and its two-hundred day moving average price is $31.98. PIMCO Dynamic Income Fund has a 52 week low of $26.68 and a 52 week high of $33.30.

About PIMCO Dynamic Income Fund

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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Dividend History for PIMCO Dynamic Income Fund (NYSE:PDI)

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