Pimco Income Strategy Fund (PFL) to Issue Monthly Dividend of $0.09 on October 2nd
Pimco Income Strategy Fund (NYSE:PFL) declared a monthly dividend on Thursday, September 7th, Wall Street Journal reports. Investors of record on Monday, September 11th will be paid a dividend of 0.09 per share by the investment management company on Monday, October 2nd. This represents a $1.08 annualized dividend and a yield of 8.82%. The ex-dividend date is Friday, September 8th.
Pimco Income Strategy Fund has decreased its dividend by an average of 10.9% annually over the last three years.
Shares of Pimco Income Strategy Fund (PFL) traded down 0.57% during trading on Thursday, reaching $12.17. 30,488 shares of the company traded hands. Pimco Income Strategy Fund has a 12-month low of $9.76 and a 12-month high of $12.44. The firm’s 50 day moving average is $12.11 and its 200-day moving average is $11.65.
About Pimco Income Strategy Fund
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.
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