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

PIMCO Dynamic Income Fund (NYSE:PDI) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Thursday, February 13th will be paid a dividend of 0.2205 per share on Monday, March 3rd. This represents a $2.65 dividend on an annualized basis and a dividend yield of 13.61%. The ex-dividend date is Thursday, February 13th.

PIMCO Dynamic Income Fund Stock Performance

Shares of NYSE:PDI traded up $0.06 during midday trading on Tuesday, reaching $19.44. 1,970,345 shares of the company traded hands, compared to its average volume of 2,036,920. PIMCO Dynamic Income Fund has a 12 month low of $18.17 and a 12 month high of $20.90. The firm’s fifty day moving average price is $18.91 and its two-hundred day moving average price is $19.25.

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.