PIMCO Global StocksPLUS & Income Fund (PGP) Announces $0.15 Monthly Dividend
PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) declared a monthly dividend on Friday, November 3rd, Wall Street Journal reports. Shareholders of record on Monday, November 13th will be paid a dividend of 0.1467 per share on Friday, December 1st. This represents a $1.76 dividend on an annualized basis and a yield of 10.81%. The ex-dividend date is Friday, November 10th.
PIMCO Global StocksPLUS & Income Fund has decreased its dividend by an average of 4.1% per year over the last three years.
Shares of PIMCO Global StocksPLUS & Income Fund (NYSE PGP) traded up $0.10 during mid-day trading on Friday, reaching $16.29. The company’s stock had a trading volume of 49,268 shares.
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About PIMCO Global StocksPLUS & Income Fund
PIMCO Global StocksPLUS & Income Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is to seek total return consisting of current income, current gains and long-term capital appreciation. The Fund invests in securities, such as bank loan obligations, municipal bonds and notes, corporate bonds and notes, the United States government agencies, non-agency mortgage-backed securities, the United States treasury obligations, asset-backed securities and short-term instruments, among others.
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