TCW Strategic Income Fund, Inc. (TSI) to Issue Monthly Dividend of $0.02 on February 27th

TCW Strategic Income Fund, Inc. (NYSE:TSI) announced a monthly dividend on Monday, February 2nd. Investors of record on Thursday, February 12th will be given a dividend of 0.0217 per share by the financial services provider on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Thursday, February 12th.

TCW Strategic Income Fund Price Performance

TCW Strategic Income Fund stock opened at $4.85 on Wednesday. TCW Strategic Income Fund has a one year low of $4.61 and a one year high of $5.06. The business has a fifty day moving average of $4.91 and a two-hundred day moving average of $4.93.

TCW Strategic Income Fund Company Profile

TCW Strategic Income Fund (NYSE: TSI) is a diversified, closed-end management investment company that seeks to provide total return through high current income and capital appreciation. The fund primarily invests in a broad array of fixed-income securities, including corporate debt, high-yield bonds, mortgage- and asset-backed securities, and emerging market debt. By combining multiple credit sectors with a flexible duration approach, the fund aims to generate attractive yields while managing interest-rate and credit risks in varying market environments.

Under the management of TCW Asset Management Company LLC, a subsidiary of TCW Group founded in 1971, TSI leverages the firm’s deep credit research capabilities and global trading platforms.