TCW Strategic Income Fund, Inc. (NYSE:TSI – Get Free Report) announced a quarterly dividend on Monday, March 17th, RTT News reports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.065 per share by the financial services provider on Friday, April 11th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date of this dividend is Monday, March 31st. This is a 8.3% increase from TCW Strategic Income Fund’s previous quarterly dividend of $0.06.
TCW Strategic Income Fund has increased its dividend by an average of 13.3% annually over the last three years.
TCW Strategic Income Fund Price Performance
TSI opened at $4.89 on Friday. The stock’s 50-day moving average price is $4.87 and its 200 day moving average price is $4.96. TCW Strategic Income Fund has a 12-month low of $4.52 and a 12-month high of $5.21.
TCW Strategic Income Fund Company Profile
TCW Strategic Income Fund, Inc is a close-ended balanced mutual fund launched by The TCW Group, Inc The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors.
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