PIMCO Dynamic Income Fund Plans Monthly Dividend of $0.22 (NYSE:PDI)

PIMCO Dynamic Income Fund (NYSE:PDI) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Thursday, July 11th will be paid a dividend of 0.2205 per share on Thursday, August 1st. This represents a $2.65 dividend on an annualized basis and a dividend yield of 13.89%. The ex-dividend date of this dividend is Thursday, July 11th.

PIMCO Dynamic Income Fund Trading Up 0.3 %

Shares of PDI stock traded up $0.07 on Tuesday, hitting $19.06. 1,351,291 shares of the stock traded hands, compared to its average volume of 1,433,768. PIMCO Dynamic Income Fund has a twelve month low of $15.45 and a twelve month high of $19.77. The firm’s 50-day moving average price is $19.10 and its two-hundred day moving average price is $18.96.

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.