TCW Strategic Income Fund, Inc. Declares Quarterly Dividend of $0.06 (NYSE:TSI)

TCW Strategic Income Fund, Inc. (NYSE:TSI) announced a quarterly dividend on Monday, September 16th, Zacks reports. Stockholders of record on Monday, September 30th will be paid a dividend of 0.06 per share by the financial services provider on Friday, October 11th. This represents a $0.24 annualized dividend and a dividend yield of 4.63%. The ex-dividend date is Monday, September 30th.

TCW Strategic Income Fund has decreased its dividend by an average of 4.5% per year over the last three years.

TCW Strategic Income Fund Price Performance

Shares of NYSE:TSI traded down $0.01 during trading on Wednesday, hitting $5.18. 8,686 shares of the stock were exchanged, compared to its average volume of 113,182. The company has a fifty day moving average price of $4.98 and a two-hundred day moving average price of $4.78. TCW Strategic Income Fund has a 12-month low of $4.48 and a 12-month high of $5.20.

About TCW Strategic Income Fund

TCW Strategic Income Fund, Inc is a close-ended balanced mutual fund launched by The TCW Group, Inc The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors.