PIMCO Dynamic Income Fund (NYSE:PDI) Declares $0.22 Monthly Dividend

PIMCO Dynamic Income Fund (NYSE:PDI) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.2205 per share on Tuesday, April 1st. This represents a $2.65 annualized dividend and a yield of 13.26%. The ex-dividend date is Thursday, March 13th.

PIMCO Dynamic Income Fund Price Performance

PDI stock traded down $0.02 during mid-day trading on Tuesday, reaching $19.96. The company had a trading volume of 4,289,314 shares, compared to its average volume of 1,733,475. The firm has a 50 day moving average of $19.16 and a 200 day moving average of $19.36. PIMCO Dynamic Income Fund has a 12 month low of $18.17 and a 12 month high of $20.90.

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.