PCM Fund Inc. (PCM) To Go Ex-Dividend on October 11th

PCM Fund Inc. (NYSE:PCM) announced a monthly dividend on Tuesday, October 1st, NASDAQ reports. Investors of record on Friday, October 11th will be paid a dividend of 0.08 per share by the investment management company on Friday, November 1st. This represents a $0.96 dividend on an annualized basis and a yield of 12.06%. The ex-dividend date is Friday, October 11th.

PCM Fund Stock Performance

Shares of NYSE PCM opened at $7.96 on Thursday. PCM Fund has a 1 year low of $6.88 and a 1 year high of $9.15. The firm’s 50 day moving average price is $7.77 and its 200 day moving average price is $8.06.

About PCM Fund

PCM Fund Inc is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It seeks to invest in fixed income markets. The fund invests primarily in commercial mortgage-backed securities.