PCM Fund Inc. Plans Dividend of $0.06 (NYSE:PCM)

PCM Fund Inc. (NYSE:PCM) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.0642 per share by the investment management company on Monday, February 3rd. The ex-dividend date is Monday, January 13th.

PCM Fund Stock Down 13.8 %

PCM Fund stock traded down $1.07 during mid-day trading on Friday, reaching $6.70. 481,734 shares of the company were exchanged, compared to its average volume of 274,417. The firm’s 50-day simple moving average is $7.98 and its two-hundred day simple moving average is $7.85. PCM Fund has a twelve month low of $6.65 and a twelve month high of $9.15.

PCM Fund Company Profile

PCM 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 seeks to invest in fixed income markets. The fund invests primarily in commercial mortgage-backed securities.