PIMCO Dynamic Income Fund (NYSE:PDI) Announces Monthly Dividend of $0.22

PIMCO Dynamic Income Fund (NYSE:PDI) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Monday, May 13th will be paid a dividend of 0.221 per share on Monday, June 3rd. This represents a $2.65 dividend on an annualized basis and a yield of 13.63%. The ex-dividend date of this dividend is Friday, May 10th. This is a boost from PIMCO Dynamic Income Fund’s previous monthly dividend of $0.22.

PIMCO Dynamic Income Fund Price Performance

Shares of NYSE:PDI opened at $19.45 on Thursday. PIMCO Dynamic Income Fund has a 52 week low of $15.45 and a 52 week high of $19.77. The firm has a 50 day moving average of $19.15 and a 200 day moving average of $18.47.

PIMCO Dynamic Income Fund Company Profile

PIMCO Dynamic Income Fund is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets across the globe. It invests in multiple fixed-income sectors, including non-agency residential and commercial mortgage-backed securities and below investment-grade securities.