PCM Fund Inc. to Issue Monthly Dividend of $0.08 (NYSE:PCM)

PCM Fund Inc. (NYSE:PCM) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Tuesday, November 12th will be given a dividend of 0.08 per share by the investment management company on Monday, December 2nd. This represents a $0.96 annualized dividend and a dividend yield of 11.72%. The ex-dividend date is Tuesday, November 12th.

PCM Fund Trading Up 0.1 %

NYSE PCM opened at $8.19 on Friday. The business’s fifty day moving average is $8.00 and its 200 day moving average is $8.00. PCM Fund has a fifty-two week low of $7.26 and a fifty-two week high of $9.15.

About PCM Fund

PCM Fund Inc 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 seeks to invest in fixed income markets. The fund invests primarily in commercial mortgage-backed securities.