PCM Fund, Inc. (PCM) Plans Monthly Dividend of $0.08
PCM Fund, Inc. (NYSE:PCM) declared a monthly dividend on Tuesday, October 4th. Investors of record on Thursday, October 13th will be given a dividend of 0.08 per share by the investment management company on Tuesday, November 1st. This represents a $0.96 dividend on an annualized basis and a yield of 9.64%. The ex-dividend date of this dividend is Tuesday, October 11th.
PCM Fund (NYSE:PCM) traded down 0.50% during trading on Tuesday, reaching $9.96. 49,029 shares of the company were exchanged. PCM Fund has a 12 month low of $8.50 and a 12 month high of $10.48. The stock has a 50 day moving average price of $10.07 and a 200 day moving average price of $9.85.
About PCM Fund
PCM Fund, Inc is a classified and managed as a diversified fund. The Fund’s primary investment objective is to achieve high current income. Capital gain from the disposition of investments is a secondary objective of the Fund. The Fund invests in securitized credits, including non-agency mortgage-backed securities (MBS), commercial mortgage-backed (CMBS) and asset-backed securities (ABS).
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