PIMCO Dynamic Income Strategy Fund Plans Monthly Dividend of $0.13 (NYSE:PDX)

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.1334 per share on Tuesday, April 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.58%. The ex-dividend date is Thursday, March 13th.

PIMCO Dynamic Income Strategy Fund Stock Down 2.0 %

PDX traded down $0.49 on Tuesday, hitting $24.31. The company had a trading volume of 71,314 shares, compared to its average volume of 341,061. The company’s fifty day moving average price is $26.57 and its 200 day moving average price is $25.10. PIMCO Dynamic Income Strategy Fund has a 1 year low of $20.08 and a 1 year high of $32.88.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. acquired 15,729 shares of the company’s stock in a transaction dated Tuesday, December 17th. The stock was acquired at an average cost of $25.16 per share, with a total value of $395,741.64. Following the completion of the purchase, the insider now owns 6,797,821 shares of the company’s stock, valued at $171,033,176.36. This represents a 0.23 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. In the last three months, insiders have purchased 756,836 shares of company stock valued at $20,837,029.