Pimco Income Strategy Fund (PFL) Declares Monthly Dividend of $0.09
Pimco Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Friday, November 3rd, Wall Street Journal reports. Stockholders of record on Monday, November 13th will be paid a dividend of 0.09 per share by the investment management company on Friday, December 1st. This represents a $1.08 annualized dividend and a dividend yield of 8.98%. The ex-dividend date is Friday, November 10th.
Pimco Income Strategy Fund has decreased its dividend by an average of 10.9% per year over the last three years.
Shares of Pimco Income Strategy Fund (NYSE:PFL) traded up $0.00 during mid-day trading on Friday, hitting $12.03. 77,950 shares of the stock traded hands.
About Pimco Income Strategy Fund
PIMCO Income Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income, consistent with the preservation of capital. The Fund invests in a diversified portfolio of floating and/or fixed-rate debt instruments.
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