PIMCO Dynamic Income Fund (PDI) to Issue Monthly Dividend of $0.22 on June 1st

PIMCO Dynamic Income Fund (NYSE:PDI) announced a monthly dividend on Wednesday, May 2nd, Wall Street Journal reports. Stockholders of record on Friday, May 11th will be paid a dividend of 0.2205 per share on Friday, June 1st. This represents a $2.65 dividend on an annualized basis and a dividend yield of 8.58%. The ex-dividend date is Thursday, May 10th.

PIMCO Dynamic Income Fund has decreased its dividend by an average of 8.1% per year over the last three years.

Shares of NYSE:PDI remained flat at $$30.84 during midday trading on Wednesday. The stock had a trading volume of 100 shares, compared to its average volume of 224,522. PIMCO Dynamic Income Fund has a 52 week low of $30.84 and a 52 week high of $30.84.

In other PIMCO Dynamic Income Fund news, Director Bradford K. Gallagher bought 1,000 shares of the stock in a transaction dated Monday, March 12th. The stock was bought at an average cost of $30.67 per share, for a total transaction of $30,670.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

About PIMCO Dynamic Income Fund

PIMCO Dynamic Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek current income and capital appreciation is a secondary objective. The Fund invests globally in a portfolio of debt obligations and other income-producing securities of any type and credit quality, with varying maturities and related derivative instruments.

Dividend History for PIMCO Dynamic Income Fund (NYSE:PDI)

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