Pimco Income Strategy Fund (PFL) Announces Monthly Dividend of $0.09
Pimco Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Friday, March 2nd, Wall Street Journal reports. Shareholders of record on Monday, March 12th will be paid a dividend of 0.09 per share by the investment management company on Monday, April 2nd. This represents a $1.08 annualized dividend and a yield of 9.42%. The ex-dividend date of this dividend is Friday, March 9th.
Pimco Income Strategy Fund has raised its dividend payment by an average of 2.9% per year over the last three years.
Shares of Pimco Income Strategy Fund (NYSE:PFL) traded up $0.03 during midday trading on Friday, reaching $11.47. The company’s stock had a trading volume of 125,225 shares, compared to its average volume of 88,315. Pimco Income Strategy Fund has a 1-year low of $10.67 and a 1-year high of $12.44.
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.
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.