Pimco Income Strategy Fund (PFL) to Issue Monthly Dividend of $0.09 on October 1st
Pimco Income Strategy Fund (NYSE:PFL) declared a monthly dividend on Thursday, September 6th, Wall Street Journal reports. Shareholders of record on Friday, September 14th will be given a dividend of 0.09 per share by the investment management company on Monday, October 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 8.90%. The ex-dividend date is Thursday, September 13th.
Pimco Income Strategy Fund has increased its dividend payment by an average of 2.9% per year over the last three years.
Shares of NYSE PFL traded down $0.01 during trading on Friday, reaching $12.14. 41,463 shares of the company traded hands, compared to its average volume of 76,835. Pimco Income Strategy Fund has a 12-month low of $11.15 and a 12-month high of $12.54.
PIMCO Income Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income, consistent with the preservation of capital. The Fund invests in a diversified portfolio of floating and/or fixed-rate debt instruments.
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