PIMCO Dynamic Income Fund (NYSE:PDI) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, October 13th will be paid a dividend of 0.2205 per share on Wednesday, November 1st. This represents a $2.65 dividend on an annualized basis and a yield of 8.51%. The ex-dividend date of this dividend is Thursday, October 12th.
PIMCO Dynamic Income Fund has decreased its dividend by an average of 4.9% per year over the last three years.
Shares of PIMCO Dynamic Income Fund (PDI) traded up 0.2471% during trading on Wednesday, reaching $31.1568. The company’s stock had a trading volume of 28,393 shares. PIMCO Dynamic Income Fund has a 12-month low of $26.06 and a 12-month high of $31.20. The company has a 50 day moving average of $30.47 and a 200-day moving average of $29.87. The stock’s market cap is $1.75 billion.
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About PIMCO Dynamic Income Fund
PIMCO Dynamic Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek current income and capital appreciation is a secondary objective. The Fund invests globally in a portfolio of debt obligations and other income-producing securities of any type and credit quality, with varying maturities and related derivative instruments.
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