PCM Fund Inc. Announces Monthly Dividend of $0.08 (NYSE:PCM)

PCM Fund Inc. (NYSE:PCM) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Thursday, December 12th will be paid a dividend of 0.08 per share by the investment management company on Thursday, January 2nd. This represents a $0.96 dividend on an annualized basis and a yield of 11.83%. The ex-dividend date of this dividend is Thursday, December 12th.

PCM Fund Stock Up 0.3 %

Shares of PCM opened at $8.12 on Wednesday. PCM Fund has a one year low of $7.26 and a one year high of $9.15. The business has a fifty day moving average of $8.05 and a 200 day moving average of $7.91.

PCM Fund Company Profile

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.