PIMCO Dynamic Income Strategy Fund (NYSE:PDX) Announces $0.13 Monthly Dividend

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Thursday, February 13th will be given a dividend of 0.1334 per share on Monday, March 3rd. This represents a $1.60 dividend on an annualized basis and a yield of 6.09%. The ex-dividend date of this dividend is Thursday, February 13th.

PIMCO Dynamic Income Strategy Fund Price Performance

PDX stock opened at $26.28 on Wednesday. PIMCO Dynamic Income Strategy Fund has a 52 week low of $19.15 and a 52 week high of $32.88. The firm has a 50-day simple moving average of $27.04 and a 200-day simple moving average of $24.74.

Insider Buying and Selling at PIMCO Dynamic Income Strategy Fund

In other PIMCO Dynamic Income Strategy Fund news, major shareholder Saba Capital Management, L.P. purchased 731,721 shares of the firm’s stock in a transaction dated Monday, January 13th. The shares were acquired at an average price of $27.60 per share, with a total value of $20,195,499.60. Following the purchase, the insider now directly owns 7,541,934 shares in the company, valued at approximately $208,157,378.40. This trade represents a 10.74 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. In the last quarter, insiders acquired 966,309 shares of company stock worth $26,176,242.