PIMCO Dynamic Income Fund (NYSE:PDI) Declares $0.22 Monthly Dividend

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 dividend on an annualized basis and a yield of 13.83%. The ex-dividend date of this dividend is Thursday, July 11th.

PIMCO Dynamic Income Fund Price Performance

PIMCO Dynamic Income Fund stock opened at $19.13 on Wednesday. PIMCO Dynamic Income Fund has a one year low of $15.45 and a one year high of $19.77. The business has a fifty day moving average of $19.12 and a two-hundred day moving average of $19.01.

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.