TCW Strategic Income Fund, Inc. Declares Monthly Dividend of $0.03 (NYSE:TSI)

TCW Strategic Income Fund, Inc. (NYSE:TSI) announced a monthly dividend on Friday, June 5th. Investors of record on Monday, June 15th will be given a dividend of 0.0283 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Monday, June 15th.

TCW Strategic Income Fund Price Performance

NYSE:TSI traded up $0.04 during trading hours on Friday, hitting $4.53. 116,527 shares of the company’s stock traded hands, compared to its average volume of 100,475. TCW Strategic Income Fund has a 52 week low of $4.43 and a 52 week high of $5.06. The business’s fifty day simple moving average is $4.54 and its two-hundred day simple moving average is $4.71.

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.