TCW Strategic Income Fund Inc. (TSI) to Issue Dividend Increase – $0.06 Per Share

TCW Strategic Income Fund Inc. (NYSE:TSI) announced a quarterly dividend on Monday, March 20th. Stockholders of record on Friday, March 31st will be paid a dividend of 0.055 per share on Thursday, April 13th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date is Wednesday, March 29th. This is a boost from TCW Strategic Income Fund’s previous quarterly dividend of $0.05.

Shares of TCW Strategic Income Fund (NYSE:TSI) opened at 5.399 on Monday. The stock has a 50 day moving average of $5.46 and a 200-day moving average of $5.35. TCW Strategic Income Fund has a one year low of $5.12 and a one year high of $5.59.

Dividend History for TCW Strategic Income Fund (NYSE:TSI)

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TCW Strategic Income Fund Company Profile

TCW Strategic Income Fund, Inc is a diversified, closed-end investment management company. The Fund’s investment objective is to seek a total return consisted of current income and capital appreciation by investing in a range of securities, including convertible securities, marketable equity securities, investment-grade debt securities, high-yield debt securities, securities issued or guaranteed by the United States Government, its agencies and instrumentalities (the United States Government Securities), repurchase agreements, mortgage related securities, asset-backed securities, money market securities, other securities and derivative instruments without limit believed by its investment advisor to be consistent with the Fund’s investment objective.

5 Day Chart for NYSE:TSI

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