PIMCO Strategic Income Fund, Inc (NYSE:RCS) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Monday, December 11th will be paid a dividend of 0.072 per share by the investment management company on Tuesday, January 2nd. This represents a $0.86 annualized dividend and a yield of 9.86%. The ex-dividend date of this dividend is Friday, December 8th.

PIMCO Strategic Income Fund has decreased its dividend payment by an average of 10.9% annually over the last three years.

Shares of PIMCO Strategic Income Fund (RCS) traded up $0.05 during mid-day trading on Monday, reaching $8.76. 162,032 shares of the company traded hands, compared to its average volume of 158,347. PIMCO Strategic Income Fund has a one year low of $8.62 and a one year high of $10.65.

COPYRIGHT VIOLATION WARNING: “PIMCO Strategic Income Fund, Inc (RCS) Announces Monthly Dividend of $0.07” was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another publication, it was illegally stolen and reposted in violation of international copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/12/04/pimco-strategic-income-fund-inc-rcs-announces-monthly-dividend-of-0-07.html.

PIMCO Strategic Income Fund Company Profile

PIMCO Strategic Income Fund, Inc (the Fund) is a closed-end management investment company. The Fund’s primary investment objective is to seek to generate a level of income that is higher than that generated by high quality, intermediate-term United States debt securities. The Fund also seeks capital appreciation to the extent consistent with this objective.

Dividend History for PIMCO Strategic Income Fund (NYSE:RCS)

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