Strategic Global Government Fund Inc. Closed-End Fund (NYSE:RCS) Plans $0.06 Monthly Dividend

Strategic Global Government Fund Inc. Closed-End Fund (NYSE:RCS) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.0612 per share by the investment management company on Thursday, January 2nd. This represents a $0.73 annualized dividend and a yield of 7.94%. The ex-dividend date is Wednesday, December 11th.

NYSE:RCS traded down $0.01 during trading hours on Wednesday, hitting $9.25. 223,700 shares of the stock traded hands, compared to its average volume of 121,944. Strategic Global Government Fund Inc. Closed-End Fund has a 1 year low of $8.82 and a 1 year high of $10.69. The stock has a 50 day moving average price of $9.28 and a 200 day moving average price of $9.50.

About Strategic Global Government Fund Inc. Closed-End Fund

PIMCO Strategic Global Government 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 invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.

Recommended Story: Are we seeing the beginning of a new bubble?

Dividend History for Strategic Global Government Fund Inc. Closed-End Fund (NYSE:RCS)

Receive News & Ratings for Strategic Global Government Fund Inc. Closed-End Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategic Global Government Fund Inc. Closed-End Fund and related companies with MarketBeat.com's FREE daily email newsletter.