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

PIMCO Dynamic Income Fund (NYSE:PDI) announced a monthly dividend on Tuesday, October 1st, NASDAQ reports. Shareholders of record on Friday, October 11th will be paid a dividend of 0.2205 per share on Friday, November 1st. This represents a $2.65 dividend on an annualized basis and a yield of 12.98%. The ex-dividend date is Friday, October 11th.

PIMCO Dynamic Income Fund Stock Performance

Shares of NYSE PDI opened at $20.39 on Thursday. PIMCO Dynamic Income Fund has a fifty-two week low of $15.45 and a fifty-two week high of $20.39. The business has a 50 day moving average price of $19.27 and a two-hundred day moving average price of $19.16.

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.