TCW Strategic Income Fund, Inc. (NYSE:TSI) declared a quarterly dividend on Monday, September 16th, Zacks reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.084 per share by the financial services provider on Friday, October 11th. This represents a $0.34 annualized dividend and a dividend yield of 5.78%. The ex-dividend date is Friday, September 27th. This is a positive change from TCW Strategic Income Fund’s previous quarterly dividend of $0.08.
TCW Strategic Income Fund has increased its dividend payment by an average of 19.7% per year over the last three years.
Shares of TCW Strategic Income Fund stock traded up $0.01 on Wednesday, hitting $5.81. The company had a trading volume of 2,000 shares, compared to its average volume of 121,126. TCW Strategic Income Fund has a twelve month low of $5.20 and a twelve month high of $5.87. The stock has a 50-day moving average of $5.74 and a 200-day moving average of $5.62.
About TCW Strategic Income Fund
TCW Strategic Income Fund, Inc is a close-ended balanced mutual fund launched by The TCW Group, Inc The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors.
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