PIMCO Dynamic Income Fund to Issue Monthly Dividend of $0.22 (NYSE:PDI)

PIMCO Dynamic Income Fund (NYSE:PDI) declared a monthly dividend on Monday, April 5th, investing.com reports. Shareholders of record on Monday, April 12th will be paid a dividend of 0.2205 per share on Monday, May 3rd. This represents a $2.65 dividend on an annualized basis and a yield of 9.12%. The ex-dividend date is Friday, April 9th.

NYSE:PDI opened at $29.00 on Thursday. PIMCO Dynamic Income Fund has a 1-year low of $21.04 and a 1-year high of $29.08. The company’s fifty day moving average price is $28.06 and its 200-day moving average price is $26.34.

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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.

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