PIMCO Dynamic Income Strategy Fund (PDX) to Issue Monthly Dividend of $2.97 on January 13th

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) announced a monthly dividend on Friday, December 19th. Stockholders of record on Monday, December 29th will be paid a dividend of 2.97 per share on Tuesday, January 13th. This represents a c) annualized dividend and a dividend yield of 166.1%. The ex-dividend date of this dividend is Monday, December 29th. This is a 2,126.4% increase from PIMCO Dynamic Income Strategy Fund’s previous monthly dividend of $0.13.

PIMCO Dynamic Income Strategy Fund Stock Performance

PDX opened at $21.45 on Friday. PIMCO Dynamic Income Strategy Fund has a twelve month low of $19.26 and a twelve month high of $32.88. The company has a 50-day moving average price of $21.72 and a 200 day moving average price of $23.52.

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) is a diversified, closed-end management investment company advised by Pacific Investment Management Company LLC (PIMCO). Launched in 2011, the fund seeks to deliver high current income and capital appreciation by investing in a broad range of fixed income securities. As a closed-end vehicle, PDX trades on the NYSE and employs leverage to enhance its income potential, while adhering to its investment objective under varying market conditions.

The fund’s strategy centers on a flexible allocation among global debt markets, encompassing investment-grade and high-yield corporate bonds, U.S.