Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Friday, January 12th will be paid a dividend of 0.1641 per share on Thursday, February 1st. This represents a $1.97 dividend on an annualized basis and a dividend yield of 8.83%. The ex-dividend date is Thursday, January 11th.
Pimco Dynamic Credit and Mortgg Incm Fnd has decreased its dividend by an average of 1.9% per year over the last three years.
Pimco Dynamic Credit and Mortgg Incm Fnd (PCI) opened at $22.30 on Wednesday. Pimco Dynamic Credit and Mortgg Incm Fnd has a fifty-two week low of $20.37 and a fifty-two week high of $23.45.
Pimco Dynamic Credit and Mortgg Incm Fnd Company Profile
PIMCO Dynamic Credit and Mortgage Income Fund, formerly PIMCO Dynamic Credit Income Fund, is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income and capital appreciation is the secondary objective. It will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of mortgage-related securities and other debt instruments of varying maturities.
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