Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, October 13th will be given a dividend of 0.1641 per share on Wednesday, November 1st. This represents a $1.97 annualized dividend and a yield of 8.47%. The ex-dividend date of this dividend is Thursday, October 12th.

Pimco Dynamic Credit and Mortgg Incm Fnd has raised its dividend by an average of 8.7% annually over the last three years.

Shares of Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) traded up 0.48% during trading on Tuesday, reaching $23.24. 820,456 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $22.65 and its 200 day moving average price is $22.24. Pimco Dynamic Credit and Mortgg Incm Fnd has a 52 week low of $18.90 and a 52 week high of $23.25.

ILLEGAL ACTIVITY WARNING: “Pimco Dynamic Credit and Mortgg Incm Fnd Declares Monthly Dividend of $0.16 (PCI)” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/10/03/pimco-dynamic-credit-and-mortgg-incm-fnd-declares-monthly-dividend-of-0-16-pci.html.

Pimco Dynamic Credit and Mortgg Incm Fnd Company Profile

PIMCO Dynamic Credit and Mortgage Income Fund, formerly PIMCO Dynamic Credit Income Fund, is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income and capital appreciation is the secondary objective. It will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of mortgage-related securities and other debt instruments of varying maturities.

Dividend History for Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI)

Receive News & Ratings for Pimco Dynamic Credit and Mortgg Incm Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco Dynamic Credit and Mortgg Incm Fnd and related companies with MarketBeat.com's FREE daily email newsletter.