PIMCO Dynamic Income Strategy Fund (PDX) To Go Ex-Dividend on January 13th

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be given a dividend of 0.1334 per share on Monday, February 3rd. This represents a $1.60 annualized dividend and a yield of 6.21%. The ex-dividend date is Monday, January 13th. This is a boost from PIMCO Dynamic Income Strategy Fund’s previous monthly dividend of $0.11.

PIMCO Dynamic Income Strategy Fund Price Performance

NYSE:PDX opened at $25.76 on Friday. PIMCO Dynamic Income Strategy Fund has a 1 year low of $19.15 and a 1 year high of $27.32. The business has a fifty day simple moving average of $25.90.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. bought 92,819 shares of the stock in a transaction on Thursday, November 14th. The shares were bought at an average price of $24.79 per share, with a total value of $2,300,983.01. Following the completion of the acquisition, the insider now owns 6,364,181 shares of the company’s stock, valued at approximately $157,768,046.99. This trade represents a 1.48 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders have purchased 234,588 shares of company stock valued at $5,980,743.