PIMCO Dynamic Income Fund (PDI) to Issue Monthly Dividend of $0.22 on April 1st

PIMCO Dynamic Income Fund (NYSE:PDI) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.2205 per share on Tuesday, April 1st. This represents a $2.65 annualized dividend and a dividend yield of 13.21%. The ex-dividend date is Thursday, March 13th.

PIMCO Dynamic Income Fund Stock Down 0.1 %

NYSE PDI opened at $20.03 on Tuesday. PIMCO Dynamic Income Fund has a 1-year low of $18.17 and a 1-year high of $20.90. The business’s 50-day simple moving average is $19.32 and its 200-day simple moving average is $19.40.

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.