PIMCO Dynamic Income Fund (NYSE:PDI) to Issue Monthly Dividend of $0.22

PIMCO Dynamic Income Fund (NYSE:PDI) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be given a dividend of 0.2205 per share on Monday, February 3rd. This represents a $2.65 annualized dividend and a dividend yield of 14.16%. The ex-dividend date is Monday, January 13th.

PIMCO Dynamic Income Fund Stock Performance

NYSE:PDI opened at $18.68 on Friday. The firm has a 50-day moving average price of $19.06 and a two-hundred day moving average price of $19.23. PIMCO Dynamic Income Fund has a twelve month low of $18.17 and a twelve month high of $20.90.

About PIMCO Dynamic Income Fund

PIMCO Dynamic Income Fund is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets across the globe. It invests in multiple fixed-income sectors, including non-agency residential and commercial mortgage-backed securities and below investment-grade securities.