Pcm Fund Inc Declares Monthly Dividend of $0.08 (PCM)
Pcm Fund Inc (NYSE:PCM) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Friday, October 13th will be paid a dividend of 0.08 per share by the investment management company on Wednesday, November 1st. This represents a $0.96 annualized dividend and a dividend yield of 8.23%. The ex-dividend date is Thursday, October 12th.
Pcm Fund has decreased its dividend payment by an average of 7.6% annually over the last three years.
Pcm Fund (PCM) remained flat at $11.67 during trading on Tuesday. The stock had a trading volume of 108,545 shares. Pcm Fund has a 1-year low of $9.05 and a 1-year high of $11.93. The firm has a 50 day moving average of $11.56 and a 200 day moving average of $11.00.
About Pcm Fund
PCM Fund Inc (the Fund) is a diversified closed-end management investment company. The Company’s primary investment objective is to seek to achieve high current income. Capital gains from the disposition of investments are a secondary objective of the Fund. The Fund invests in agency-guaranteed mortgage-backed securities (MBS), private label (non-agency) mortgage-backed securities, investment grade corporate debt securities, high yield corporate debt securities and commercial mortgage-backed securities.
Receive News & Stock Ratings for Pcm Fund Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pcm Fund Inc and related stocks with our FREE daily email newsletter.