PIMCO Dynamic Income Fund to Issue Monthly Dividend of $0.22 (NYSE:PDI)

PIMCO Dynamic Income Fund (NYSE:PDI) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Thursday, July 11th will be given a dividend of 0.2205 per share on Thursday, August 1st. This represents a $2.65 annualized dividend and a yield of 13.83%. The ex-dividend date of this dividend is Thursday, July 11th.

PIMCO Dynamic Income Fund Stock Up 0.1 %

PDI stock opened at $19.13 on Wednesday. The firm’s fifty day simple moving average is $19.12 and its 200-day simple moving average is $19.01. PIMCO Dynamic Income Fund has a 12 month low of $15.45 and a 12 month high of $19.77.

About PIMCO Dynamic Income Fund

PIMCO Dynamic Income Fund is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets across the globe. It invests in multiple fixed-income sectors, including non-agency residential and commercial mortgage-backed securities and below investment-grade securities.