PCM Fund Inc. (PCM) to Issue Monthly Dividend of $0.06 on February 3rd

PCM Fund Inc. (NYSE:PCM) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be paid a dividend of 0.0642 per share by the investment management company on Monday, February 3rd. This represents a $0.77 annualized dividend and a dividend yield of 11.42%. The ex-dividend date of this dividend is Monday, January 13th.

PCM Fund Trading Down 1.2 %

Shares of NYSE:PCM opened at $6.75 on Friday. The company’s fifty day moving average is $7.85 and its 200 day moving average is $7.81. PCM Fund has a 52 week low of $6.51 and a 52 week high of $9.15.

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.