PIMCO Strategic Income Fund, Inc. (NYSE:RCS) Announces $0.05 Monthly Dividend

PIMCO Strategic Income Fund, Inc. (NYSE:RCS) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Monday, August 12th will be given a dividend of 0.051 per share by the investment management company on Tuesday, September 3rd. This represents a $0.61 dividend on an annualized basis and a dividend yield of 9.13%. The ex-dividend date is Monday, August 12th.

PIMCO Strategic Income Fund has decreased its dividend payment by an average of 2.6% per year over the last three years.

PIMCO Strategic Income Fund Price Performance

RCS traded down $0.02 during trading on Friday, reaching $6.70. 176,064 shares of the stock were exchanged, compared to its average volume of 158,190. PIMCO Strategic Income Fund has a twelve month low of $4.51 and a twelve month high of $6.90. The stock’s 50 day moving average price is $6.32 and its two-hundred day moving average price is $6.12.

About PIMCO Strategic Income 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.