PIMCO Strategic Income Fund, Inc. (NYSE:RCS) Announces $0.05 Monthly Dividend

PIMCO Strategic Income Fund, Inc. (NYSE:RCS) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Monday, May 13th will be paid a dividend of 0.051 per share by the investment management company on Monday, June 3rd. This represents a $0.61 annualized dividend and a dividend yield of 10.61%. The ex-dividend date of this dividend is Friday, May 10th.

PIMCO Strategic Income Fund has decreased its dividend by an average of 2.6% per year over the last three years.

PIMCO Strategic Income Fund Stock Down 2.2 %

RCS stock traded down $0.13 during trading on Friday, hitting $5.77. 317,956 shares of the company’s stock traded hands, compared to its average volume of 137,277. The stock has a fifty day moving average price of $5.98 and a two-hundred day moving average price of $5.83. PIMCO Strategic Income Fund has a 52 week low of $4.51 and a 52 week high of $6.31.

PIMCO Strategic Income Fund Company Profile

PIMCO Strategic Global Government Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.