PIMCO Dynamic Income Fund Announces Monthly Dividend of $0.22 (PDI)
PIMCO Dynamic Income Fund (NYSE:PDI) announced a monthly dividend on Friday, November 3rd, Wall Street Journal reports. Stockholders of record on Monday, November 13th will be paid a dividend of 0.2205 per share on Friday, December 1st. This represents a $2.65 annualized dividend and a dividend yield of 8.76%. The ex-dividend date of this dividend is Friday, November 10th.
PIMCO Dynamic Income Fund has decreased its dividend payment by an average of 4.9% annually over the last three years.
Shares of PIMCO Dynamic Income Fund (NYSE:PDI) traded up $0.07 during trading on Friday, hitting $30.20. The stock had a trading volume of 175,409 shares.
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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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