Pimco Hif (NYSE:PHK) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 11th will be given a dividend of 0.0807 per share by the investment management company on Tuesday, January 2nd. This represents a $0.97 annualized dividend and a dividend yield of 13.02%. The ex-dividend date is Friday, December 8th.

Pimco Hif has decreased its dividend by an average of 8.0% per year over the last three years.

Shares of Pimco Hif (PHK) traded down $0.02 during mid-day trading on Monday, reaching $7.44. The company had a trading volume of 941,831 shares, compared to its average volume of 598,179. Pimco Hif has a 1-year low of $7.19 and a 1-year high of $9.97.

WARNING: “Pimco Hif (PHK) Plans $0.08 Monthly Dividend” was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/12/04/pimco-hif-phk-plans-0-08-monthly-dividend.html.

Pimco Hif Company Profile

PIMCO High Income Fund is a closed-end management investment company. The Fund’s primary investment objective is to seek high current income, with capital appreciation as a secondary objective. The Fund will not invest more than 25% of total assets in non-United States-dollar-denominated securities. The Fund will not invest more than 40% of total assets in securities of issuers located in emerging market countries.

Dividend History for Pimco Hif (NYSE:PHK)

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