TCW Strategic Income Fund, Inc. (NYSE:TSI) to Issue $0.07 Annual Dividend

TCW Strategic Income Fund, Inc. (NYSE:TSI) declared an annual dividend on Wednesday, December 17th. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.065 per share by the financial services provider on Friday, January 9th. This represents a dividend yield of 132.0%. The ex-dividend date is Wednesday, December 31st.

TCW Strategic Income Fund Stock Performance

TSI stock traded up $0.03 during midday trading on Thursday, reaching $4.94. The company had a trading volume of 305 shares, compared to its average volume of 70,282. The stock has a 50 day moving average price of $4.92 and a 200 day moving average price of $4.93. TCW Strategic Income Fund has a fifty-two week low of $4.61 and a fifty-two week high of $5.07.

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.