PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Raises Dividend to $0.13 Per Share

PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) announced a monthly dividend on Tuesday, December 30th. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.13 per share on Monday, January 5th. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 21.6% increase from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11.

PIMCO Multi Sector Bond Active ETF Trading Down 0.5%

NYSEARCA:PYLD traded down $0.14 on Wednesday, hitting $26.73. The stock had a trading volume of 1,026,685 shares, compared to its average volume of 2,391,059. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year high of $27.04. The firm’s fifty day simple moving average is $26.80 and its two-hundred day simple moving average is $26.66.

About PIMCO Multi Sector Bond Active ETF

The PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a multi-sector portfolio of fixed income instruments issued by various US and non-US public or private-sector entities. The fund has no maturity and credit rating limitations. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.