PIMCO Dynamic Income Fund (NYSE:PDI – Get Free Report) announced a monthly dividend on Monday, March 2nd. Stockholders of record on Thursday, March 12th will be given a dividend of 0.2205 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 14.7%. The ex-dividend date is Thursday, March 12th.
PIMCO Dynamic Income Fund Stock Up 0.4%
Shares of NYSE:PDI traded up $0.08 during trading on Wednesday, reaching $18.00. The company’s stock had a trading volume of 307,217 shares, compared to its average volume of 3,026,617. PIMCO Dynamic Income Fund has a 12 month low of $16.00 and a 12 month high of $20.17. The firm’s 50 day simple moving average is $18.24 and its two-hundred day simple moving average is $18.63.
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.
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