TCW Strategic Income Fund Inc. (NYSE:TSI) Declares Special Dividend of $0.03

TCW Strategic Income Fund Inc. (NYSE:TSI) announced a special dividend on Tuesday, December 19th, Wall Street Journal reports. Investors of record on Friday, December 29th will be given a dividend of 0.033 per share by the financial services provider on Friday, January 12th. This represents a dividend yield of 7.97%. The ex-dividend date of this dividend is Thursday, December 28th.

TCW Strategic Income Fund has decreased its dividend by an average of 1.7% annually over the last three years.

TCW Strategic Income Fund (NYSE:TSI) traded up $0.06 during trading hours on Thursday, hitting $5.71. The company had a trading volume of 144,800 shares, compared to its average volume of 83,886. TCW Strategic Income Fund has a 12-month low of $5.30 and a 12-month high of $6.16.

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About TCW Strategic Income Fund

TCW Strategic Income Fund, Inc is a diversified, closed-end investment management company. The Fund’s investment objective is to seek a total return consisted of current income and capital appreciation by investing in a range of securities, including convertible securities, marketable equity securities, investment-grade debt securities, high-yield debt securities, securities issued or guaranteed by the United States Government, its agencies and instrumentalities (the United States Government Securities), repurchase agreements, mortgage related securities, asset-backed securities, money market securities, other securities and derivative instruments without limit believed by its investment advisor to be consistent with the Fund’s investment objective.

Dividend History for TCW Strategic Income Fund (NYSE:TSI)

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