Pimco Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be paid a dividend of 0.09 per share by the investment management company on Thursday, February 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 9.11%. The ex-dividend date of this dividend is Thursday, January 11th.

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 $0.09 during trading on Wednesday, hitting $11.86. 86,596 shares of the company were exchanged, compared to its average volume of 91,050. Pimco Income Strategy Fund has a 1-year low of $10.52 and a 1-year high of $12.44.

TRADEMARK VIOLATION NOTICE: This news story was first posted by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was stolen and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this news story can be read at https://www.americanbankingnews.com/2018/01/03/pimco-income-strategy-fund-pfl-declares-monthly-dividend-of-0-09.html.

Pimco Income Strategy Fund Company Profile

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.

Dividend History for Pimco Income Strategy Fund (NYSE:PFL)

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.