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

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Friday, April 11th will be paid a dividend of 0.1334 per share on Thursday, May 1st. This represents a $1.60 annualized dividend and a yield of 6.70%. The ex-dividend date is Friday, April 11th.

PIMCO Dynamic Income Strategy Fund Trading Down 4.0 %

Shares of PIMCO Dynamic Income Strategy Fund stock traded down $0.99 during trading on Thursday, hitting $23.90. 112,885 shares of the company’s stock traded hands, compared to its average volume of 127,401. PIMCO Dynamic Income Strategy Fund has a 1 year low of $20.53 and a 1 year high of $32.88. The business has a 50-day simple moving average of $24.78 and a 200-day simple moving average of $25.23.

Insider Transactions at PIMCO Dynamic Income Strategy Fund

In related news, major shareholder Saba Capital Management, L.P. bought 731,721 shares of the stock in a transaction that occurred on Monday, January 13th. The shares were bought at an average cost of $27.60 per share, for a total transaction of $20,195,499.60. Following the completion of the transaction, the insider now owns 7,541,934 shares of the company’s stock, valued at approximately $208,157,378.40. This trade represents a 10.74 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.