Pcm Fund (NYSE:PCM – Get Free Report) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Tuesday, October 13th will be paid a dividend of $0.0642 per share by the investment management company on Monday, November 2nd. This represents a $0.77 dividend on an annualized basis and a dividend yield of 15.1%. The ex-dividend date is Tuesday, October 13th.
Pcm Fund Price Performance
Pcm Fund stock opened at $5.09 on Friday. Pcm Fund has a 12-month low of $4.85 and a 12-month high of $6.76. The firm has a 50 day moving average of $5.34 and a 200 day moving average of $5.56.
About Pcm Fund
PCM Fund, Inc (NYSE: PCM) is a closed-end investment company advised by Pacific Investment Management Company LLC (PIMCO). The fund is designed to provide investors with access to professionally managed fixed-income investments rather than operating a conventional business.
The fund primarily invests in commercial mortgage-backed securities and other mortgage-related investments. Its investment strategy is focused on generating a high level of current income, with capital appreciation as a secondary objective.
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