PIMCO Global StocksPLUS & Income Fund (PGP) to Issue Monthly Dividend of $0.07 on November 1st

PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) declared a monthly dividend on Tuesday, October 1st, NASDAQ reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.069 per share on Friday, November 1st. This represents a $0.83 dividend on an annualized basis and a dividend yield of 9.93%. The ex-dividend date of this dividend is Friday, October 11th.

PIMCO Global StocksPLUS & Income Fund has decreased its dividend by an average of 4.6% per year over the last three years.

PIMCO Global StocksPLUS & Income Fund Price Performance

Shares of NYSE:PGP opened at $8.34 on Wednesday. The firm has a 50 day moving average of $7.94 and a 200 day moving average of $7.68. PIMCO Global StocksPLUS & Income Fund has a 52 week low of $5.83 and a 52 week high of $8.40.

About PIMCO Global StocksPLUS & Income Fund

PIMCO Global Stocksplus & Income Fund is a closed ended balanced 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 and public equity markets across the globe. The fund uses a long/short strategy to invest in securities by using financial derivatives such as options.