Pcm Fund Inc (NYSE:PCM) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 11th will be given a dividend of 0.08 per share by the investment management company on Tuesday, January 2nd. This represents a $0.96 annualized dividend and a yield of 8.22%. The ex-dividend date is Friday, December 8th.
Pcm Fund has decreased its dividend by an average of 7.6% annually over the last three years.
Shares of Pcm Fund (NYSE:PCM) opened at $11.68 on Thursday. Pcm Fund has a twelve month low of $9.62 and a twelve month high of $12.13.
COPYRIGHT VIOLATION NOTICE: “Pcm Fund Inc (PCM) to Issue Monthly Dividend of $0.08 on January 2nd” was published by The Lincolnian Online and is the property of of The Lincolnian Online. If you are accessing this report on another domain, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The correct version of this report can be read at https://www.thelincolnianonline.com/2017/12/07/pcm-fund-inc-pcm-to-issue-monthly-dividend-of-0-08-on-january-2nd.html.
About Pcm Fund
PCM Fund Inc (the Fund) is a diversified closed-end management investment company. The Company’s primary investment objective is to seek to achieve high current income. Capital gains from the disposition of investments are a secondary objective of the Fund. The Fund invests in agency-guaranteed mortgage-backed securities (MBS), private label (non-agency) mortgage-backed securities, investment grade corporate debt securities, high yield corporate debt securities and commercial mortgage-backed securities.
Receive News & Ratings for Pcm Fund Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pcm Fund Inc and related companies with MarketBeat.com's FREE daily email newsletter.