Pimco Dynamic Credit and Mortgg Incm Fnd (PCI) to Issue Monthly Dividend of $0.16

Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 11th will be given a dividend of 0.1641 per share on Tuesday, January 2nd. This represents a $1.97 annualized dividend and a dividend yield of 8.69%. The ex-dividend date is Friday, December 8th.

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

Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE PCI) traded up $0.11 during trading hours on Monday, hitting $22.66. The company’s stock had a trading volume of 448,578 shares, compared to its average volume of 586,382. Pimco Dynamic Credit and Mortgg Incm Fnd has a 52-week low of $19.81 and a 52-week high of $23.45.

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About Pimco Dynamic Credit and Mortgg Incm Fnd

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)

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