PIMCO Dynamic Income Fund (PDI) to Issue Monthly Dividend of $0.22 on March 2nd

PIMCO Dynamic Income Fund (NYSE:PDI) announced a monthly dividend on Monday, February 2nd. Investors of record on Thursday, February 12th will be given a dividend of 0.2205 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 14.0%. The ex-dividend date is Thursday, February 12th.

PIMCO Dynamic Income Fund Stock Up 1.3%

PIMCO Dynamic Income Fund stock opened at $18.89 on Tuesday. The firm’s fifty day moving average price is $18.04 and its two-hundred day moving average price is $18.71. PIMCO Dynamic Income Fund has a 1-year low of $16.00 and a 1-year high of $20.17.

PIMCO Dynamic Income Fund Company Profile

PIMCO Dynamic Income Fund (NYSE: PDI) is a closed-end management investment company advised by Pacific Investment Management Company LLC (“PIMCO”), one of the world’s largest fixed-income asset managers. Listed on the New York Stock Exchange, PDI seeks to deliver attractive monthly income and capital appreciation by allocating across a broad array of global fixed-income markets.

The fund employs a dynamic, multi-sector approach, investing in a diversified mix of investment-grade and high-yield corporate bonds, bank loans, emerging-market debt, mortgage- and asset-backed securities, and U.S.