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

PIMCO Dynamic Income Fund (NYSE:PDI) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.2205 per share on Thursday, January 2nd. This represents a $2.65 annualized dividend and a dividend yield of 7.94%. The ex-dividend date is Wednesday, December 11th.

Shares of PDI stock traded up $0.02 during trading hours on Wednesday, hitting $33.34. 145,700 shares of the company’s stock traded hands, compared to its average volume of 185,921. The stock’s 50 day simple moving average is $33.14 and its 200 day simple moving average is $32.35. PIMCO Dynamic Income Fund has a 12 month low of $26.68 and a 12 month high of $33.90.

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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