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

PIMCO Dynamic Income Fund (NYSE:PDI) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Friday, April 11th will be given a dividend of 0.2205 per share on Thursday, May 1st. This represents a $2.65 annualized dividend and a yield of 13.41%. The ex-dividend date is Friday, April 11th.

PIMCO Dynamic Income Fund Stock Performance

Shares of PIMCO Dynamic Income Fund stock traded down $0.14 during midday trading on Thursday, hitting $19.74. The company’s stock had a trading volume of 3,574,694 shares, compared to its average volume of 1,828,273. PIMCO Dynamic Income Fund has a 1-year low of $18.17 and a 1-year high of $20.90. The stock has a 50-day simple moving average of $19.65 and a 200-day simple moving average of $19.46.

PIMCO Dynamic Income Fund Company Profile

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.