Pacific American Income Shares Inc. (PAI) Plans Monthly Dividend of $0.06
Pacific American Income Shares Inc. (NYSE:PAI) declared a monthly dividend on Thursday, September 14th, Wall Street Journal reports. Stockholders of record on Friday, November 24th will be given a dividend of 0.0575 per share by the financial services provider on Friday, December 1st. This represents a $0.69 dividend on an annualized basis and a dividend yield of 4.33%. The ex-dividend date is Wednesday, November 22nd.
Pacific American Income Shares (NYSE:PAI) traded up 0.38% during trading on Thursday, hitting $15.99. 10,111 shares of the stock were exchanged. Pacific American Income Shares has a 52 week low of $13.59 and a 52 week high of $16.59. The stock has a 50 day moving average of $15.73 and a 200-day moving average of $14.96.
About Pacific American Income Shares
Western Asset Income Fund (the Fund) is a closed-end diversified investment company. The Fund seeks a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. The Fund’s secondary investment objective is capital appreciation.
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