TCW Strategic Income Fund, Inc. Declares Quarterly Dividend of $0.06 (TSI)
TCW Strategic Income Fund, Inc. (NYSE:TSI) declared a quarterly dividend on Monday, June 19th, Wall Street Journal reports. Investors of record on Friday, June 30th will be paid a dividend of 0.055 per share by the financial services provider on Friday, July 14th. This represents a $0.22 annualized dividend and a yield of 3.92%. The ex-dividend date is Wednesday, June 28th.
TCW Strategic Income Fund has decreased its dividend payment by an average of 29.8% annually over the last three years.
Shares of TCW Strategic Income Fund (NYSE TSI) traded down 1.58% during trading on Monday, reaching $5.61. The company had a trading volume of 91,901 shares. TCW Strategic Income Fund has a 12 month low of $5.19 and a 12 month high of $5.70. The firm has a 50 day moving average price of $5.52 and a 200 day moving average price of $5.43.
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About TCW Strategic Income Fund
TCW Strategic Income Fund, Inc is a diversified, closed-end investment management company. The Fund’s investment objective is to seek a total return consisted of current income and capital appreciation by investing in a range of securities, including convertible securities, marketable equity securities, investment-grade debt securities, high-yield debt securities, securities issued or guaranteed by the United States Government, its agencies and instrumentalities (the United States Government Securities), repurchase agreements, mortgage related securities, asset-backed securities, money market securities, other securities and derivative instruments without limit believed by its investment advisor to be consistent with the Fund’s investment objective.
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