TCW Strategic Income Fund Inc. (NYSE:TSI) announced a special dividend on Tuesday, December 19th, Wall Street Journal reports. Stockholders of record on Friday, December 29th will be given a dividend of 0.033 per share by the financial services provider on Friday, January 12th. This represents a dividend yield of 7.97%. The ex-dividend date is Thursday, December 28th.

TCW Strategic Income Fund has decreased its dividend payment by an average of 29.8% annually over the last three years.

TCW Strategic Income Fund (NYSE:TSI) traded up $0.08 during midday trading on Tuesday, hitting $5.72. The stock had a trading volume of 279,418 shares, compared to its average volume of 82,504. TCW Strategic Income Fund has a 52 week low of $5.23 and a 52 week high of $6.16.

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About TCW Strategic Income Fund

TCW Strategic Income Fund, Inc is a diversified, closed-end investment management company. The Fund’s investment objective is to seek a total return consisted of current income and capital appreciation by investing in a range of securities, including convertible securities, marketable equity securities, investment-grade debt securities, high-yield debt securities, securities issued or guaranteed by the United States Government, its agencies and instrumentalities (the United States Government Securities), repurchase agreements, mortgage related securities, asset-backed securities, money market securities, other securities and derivative instruments without limit believed by its investment advisor to be consistent with the Fund’s investment objective.

Dividend History for TCW Strategic Income Fund (NYSE:TSI)

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