PIMCO Global StocksPLUS & Income Fund (PGP) to Issue Monthly Dividend of $0.07 on September 3rd

PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) declared a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Monday, August 12th will be given a dividend of 0.069 per share on Tuesday, September 3rd. This represents a $0.83 annualized dividend and a yield of 10.73%. The ex-dividend date is Monday, August 12th.

PIMCO Global StocksPLUS & Income Fund has decreased its dividend by an average of 4.6% annually over the last three years.

PIMCO Global StocksPLUS & Income Fund Price Performance

NYSE:PGP traded down $0.05 during trading hours on Friday, hitting $7.72. 105,154 shares of the company traded hands, compared to its average volume of 45,236. PIMCO Global StocksPLUS & Income Fund has a twelve month low of $5.83 and a twelve month high of $7.87. The firm has a 50-day moving average of $7.60 and a 200 day moving average of $7.54.

PIMCO Global StocksPLUS & Income Fund Company Profile

PIMCO Global Stocksplus & Income Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income and public equity markets across the globe. The fund uses a long/short strategy to invest in securities by using financial derivatives such as options.