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

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.1334 per share on Tuesday, April 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.58%. The ex-dividend date of this dividend is Thursday, March 13th.

PIMCO Dynamic Income Strategy Fund Stock Down 2.0 %

Shares of PDX traded down $0.49 during trading hours on Tuesday, hitting $24.31. 71,314 shares of the stock were exchanged, compared to its average volume of 341,061. The stock’s 50-day moving average price is $26.57 and its two-hundred day moving average price is $25.10. PIMCO Dynamic Income Strategy Fund has a 12-month low of $20.08 and a 12-month high of $32.88.

Insiders Place Their Bets

In other PIMCO Dynamic Income Strategy Fund news, major shareholder Saba Capital Management, L.P. bought 7,386 shares of the firm’s stock in a transaction on Thursday, December 5th. The shares were acquired at an average cost of $26.47 per share, with a total value of $195,507.42. Following the purchase, the insider now directly owns 6,781,495 shares of the company’s stock, valued at $179,506,172.65. This trade represents a 0.11 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have acquired a total of 756,836 shares of company stock valued at $20,837,029 in the last 90 days.