PIMCO High Income Fund Plans Monthly Dividend of $0.05 (NYSE:PHK)

PIMCO High Income Fund (NYSE:PHKGet Free Report) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Shareholders of record on Monday, May 13th will be given a dividend of 0.048 per share by the investment management company on Monday, June 3rd. This represents a $0.58 annualized dividend and a yield of 11.85%. The ex-dividend date of this dividend is Friday, May 10th.

PIMCO High Income Fund has decreased its dividend by an average of 3.6% annually over the last three years.

PIMCO High Income Fund Stock Performance

PHK opened at $4.86 on Friday. PIMCO High Income Fund has a one year low of $4.13 and a one year high of $5.15. The company has a fifty day moving average price of $4.88 and a 200-day moving average price of $4.78.

About PIMCO High Income Fund

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PIMCO High Income Fund is a closed ended fixed income 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 the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations.

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Dividend History for PIMCO High Income Fund (NYSE:PHK)

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