PIMCO Dynamic Income Fund (NYSE:PDI) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.221 per share on Tuesday, October 1st. This represents a $2.65 dividend on an annualized basis and a dividend yield of 8.27%. The ex-dividend date is Thursday, September 12th.
PIMCO Dynamic Income Fund has decreased its dividend by an average of 20.7% annually over the last three years.
Shares of PIMCO Dynamic Income Fund stock traded up $0.28 during trading hours on Thursday, reaching $32.07. 2,728 shares of the company’s stock were exchanged, compared to its average volume of 195,917. The company has a 50 day moving average of $31.78 and a two-hundred day moving average of $31.90. PIMCO Dynamic Income Fund has a fifty-two week low of $26.68 and a fifty-two week high of $34.04.
In other PIMCO Dynamic Income Fund news, Director John C. Maney acquired 1,557 shares of PIMCO Dynamic Income Fund stock in a transaction dated Tuesday, June 25th. The stock was bought at an average cost of $32.03 per share, for a total transaction of $49,870.71. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.
About PIMCO Dynamic Income Fund
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.
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