Pimco Income Strategy Fund (NYSE:PFL) declared a monthly dividend on Friday, March 2nd, Wall Street Journal reports. Shareholders of record on Monday, March 12th will be paid a dividend of 0.09 per share by the investment management company on Monday, April 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 9.31%. The ex-dividend date of this dividend is Friday, March 9th.
Pimco Income Strategy Fund has raised its dividend payment by an average of 2.9% annually over the last three years.
Shares of Pimco Income Strategy Fund (NYSE:PFL) traded up $0.09 during midday trading on Friday, hitting $11.60. 85,297 shares of the company’s stock were exchanged, compared to its average volume of 83,602. Pimco Income Strategy Fund has a fifty-two week low of $10.93 and a fifty-two week high of $12.44.
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Pimco Income Strategy Fund Company Profile
PIMCO Income Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income, consistent with the preservation of capital. The Fund invests in a diversified portfolio of floating and/or fixed-rate debt instruments.
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