PCM Fund Inc. (NYSE:PCM) Plans $0.06 Monthly Dividend

PCM Fund Inc. (NYSE:PCM) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 11.42%. The ex-dividend date of this dividend is Monday, January 13th.

PCM Fund Price Performance

Shares of PCM opened at $6.75 on Friday. PCM Fund has a 52 week low of $6.51 and a 52 week high of $9.15. The business’s 50 day moving average price is $7.85 and its 200-day moving average price is $7.81.

PCM Fund Company Profile

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.