Pimco Income Strategy Fund (PFL) Announces $0.09 Monthly Dividend
Pimco Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 11th will be paid a dividend of 0.09 per share by the investment management company on Tuesday, January 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 9.29%. The ex-dividend date is Friday, December 8th.
Pimco Income Strategy Fund has decreased its dividend payment by an average of 10.9% per year over the last three years.
Shares of Pimco Income Strategy Fund (PFL) traded up $0.01 during trading on Monday, hitting $11.63. 97,756 shares of the stock were exchanged, compared to its average volume of 104,085. Pimco Income Strategy Fund has a 12 month low of $10.12 and a 12 month high of $12.44.
COPYRIGHT VIOLATION WARNING: This article was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/12/04/pimco-income-strategy-fund-pfl-announces-0-09-monthly-dividend.html.
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.
Receive News & Ratings for Pimco Income Strategy Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco Income Strategy Fund and related companies with MarketBeat.com's FREE daily email newsletter.