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

PIMCO Dynamic Income Fund (NYSE:PDI) announced a monthly dividend on Friday, May 1st. Shareholders of record on Monday, May 11th will be paid a dividend of 0.2205 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 14.9%. The ex-dividend date of this dividend is Monday, May 11th.

PIMCO Dynamic Income Fund Stock Performance

Shares of PDI opened at $17.71 on Friday. PIMCO Dynamic Income Fund has a twelve month low of $16.50 and a twelve month high of $20.17. The company has a 50 day moving average of $17.47 and a two-hundred day moving average of $17.91.

About PIMCO Dynamic Income Fund

PIMCO Dynamic Income Fund (NYSE: PDI) is a closed-end management investment company advised by Pacific Investment Management Company LLC (“PIMCO”), one of the world’s largest fixed-income asset managers. Listed on the New York Stock Exchange, PDI seeks to deliver attractive monthly income and capital appreciation by allocating across a broad array of global fixed-income markets.

The fund employs a dynamic, multi-sector approach, investing in a diversified mix of investment-grade and high-yield corporate bonds, bank loans, emerging-market debt, mortgage- and asset-backed securities, and U.S.