PIMCO Dynamic Income Strategy Fund (NYSE:PDX) Announces $0.13 Monthly Dividend

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Thursday, February 13th will be given a dividend of 0.1334 per share on Monday, March 3rd. This represents a $1.60 dividend on an annualized basis and a yield of 6.09%. The ex-dividend date is Thursday, February 13th.

PIMCO Dynamic Income Strategy Fund Stock Down 0.1 %

Shares of PDX stock traded down $0.03 during midday trading on Tuesday, reaching $26.28. 220,808 shares of the stock were exchanged, compared to its average volume of 524,532. The company’s 50 day moving average is $27.04 and its two-hundred day moving average is $24.74. PIMCO Dynamic Income Strategy Fund has a 1 year low of $19.15 and a 1 year high of $32.88.

Insider Transactions at PIMCO Dynamic Income Strategy Fund

In related news, major shareholder Saba Capital Management, L.P. purchased 731,721 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were purchased at an average cost of $27.60 per share, with a total value of $20,195,499.60. Following the transaction, the insider now directly owns 7,541,934 shares in the company, valued at $208,157,378.40. This trade represents a 10.74 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have acquired 966,309 shares of company stock valued at $26,176,242 in the last three months.