PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) Plans $0.07 Monthly Dividend

PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Monday, May 13th will be paid a dividend of 0.069 per share on Monday, June 3rd. This represents a $0.83 dividend on an annualized basis and a yield of 10.98%. The ex-dividend date of this dividend is Friday, May 10th.

PIMCO Global StocksPLUS & Income Fund has decreased its dividend by an average of 4.6% annually over the last three years.

PIMCO Global StocksPLUS & Income Fund Trading Up 0.1 %

Shares of PGP stock opened at $7.54 on Thursday. The business’s 50 day moving average price is $7.52 and its 200-day moving average price is $7.26. PIMCO Global StocksPLUS & Income Fund has a fifty-two week low of $5.83 and a fifty-two week high of $7.76.

PIMCO Global StocksPLUS & Income Fund Company Profile

PIMCO Global Stocksplus & Income Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income and public equity markets across the globe. The fund uses a long/short strategy to invest in securities by using financial derivatives such as options.