PIMCO Dynamic Income Fund (NYSE:PDI) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, October 13th will be paid a dividend of 0.2205 per share on Wednesday, November 1st. This represents a $2.65 annualized dividend and a yield of 8.54%. The ex-dividend date is Thursday, October 12th.

PIMCO Dynamic Income Fund has decreased its dividend by an average of 4.9% per year over the last three years.

PIMCO Dynamic Income Fund (PDI) traded up 0.13% during midday trading on Tuesday, reaching $30.97. 180,421 shares of the company’s stock traded hands. PIMCO Dynamic Income Fund has a 1-year low of $26.06 and a 1-year high of $31.07. The stock’s 50 day moving average price is $30.19 and its 200 day moving average price is $29.77.

ILLEGAL ACTIVITY NOTICE: This piece of content was posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of United States & international trademark & copyright law. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/10/03/pimco-dynamic-income-fund-declares-monthly-dividend-of-0-22-pdi.html.

About PIMCO Dynamic Income Fund

PIMCO Dynamic Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek current income and capital appreciation is a secondary objective. The Fund invests globally in a portfolio of debt obligations and other income-producing securities of any type and credit quality, with varying maturities and related derivative instruments.

Dividend History for PIMCO Dynamic Income Fund (NYSE:PDI)

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