Pacific American Income Shares Inc. (NYSE:PAI) announced a monthly dividend on Friday, May 26th, Wall Street Journal reports. Investors of record on Friday, July 21st will be given a dividend of 0.0575 per share by the financial services provider on Tuesday, August 1st. This represents a $0.69 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date of this dividend is Wednesday, July 19th.

Pacific American Income Shares (NYSE:PAI) traded down 0.91% during mid-day trading on Tuesday, reaching $15.29. The company had a trading volume of 21,851 shares. The firm’s 50-day moving average price is $15.28 and its 200-day moving average price is $14.66. Pacific American Income Shares has a 12 month low of $13.59 and a 12 month high of $15.98.

COPYRIGHT VIOLATION WARNING: “Pacific American Income Shares Inc. Announces Monthly Dividend of $0.06 (NYSE:PAI)” was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/08/08/pacific-american-income-shares-inc-to-issue-monthly-dividend-of-0-06-nysepai-updated-updated-updated.html.

Pacific American Income Shares Company Profile

Western Asset Income Fund (the Fund) is a closed-end diversified investment company. The Fund seeks a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. The Fund’s secondary investment objective is capital appreciation.

Dividend History for Pacific American Income Shares (NYSE:PAI)

Receive News & Stock Ratings for Pacific American Income Shares Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacific American Income Shares Inc. and related stocks with our FREE daily email newsletter.