PIMCO Dynamic Income Strategy Fund (PDX) to Issue Monthly Dividend of $0.13 on March 3rd

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Thursday, February 13th will be paid a dividend of 0.1334 per share on Monday, March 3rd. This represents a $1.60 annualized dividend and a dividend yield of 6.44%. The ex-dividend date is Thursday, February 13th.

PIMCO Dynamic Income Strategy Fund Trading Up 0.4 %

Shares of PIMCO Dynamic Income Strategy Fund stock opened at $24.86 on Tuesday. PIMCO Dynamic Income Strategy Fund has a 52 week low of $19.15 and a 52 week high of $32.88. The firm has a fifty day moving average of $26.95 and a two-hundred day moving average of $24.81.

Insider Transactions at PIMCO Dynamic Income Strategy Fund

In related news, major shareholder Saba Capital Management, L.P. purchased 731,721 shares of PIMCO Dynamic Income Strategy Fund stock in a transaction dated Monday, January 13th. The stock was bought at an average price of $27.60 per share, for a total transaction of $20,195,499.60. Following the completion of the acquisition, the insider now directly owns 7,541,934 shares of the company’s stock, valued at $208,157,378.40. This represents a 10.74 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders purchased 966,309 shares of company stock worth $26,176,242.