PIMCO High Income Fund (NYSE:PHK) Shareholders to Receive $0.05 Monthly Dividend

PIMCO High Income Fund (NYSE:PHK – Get Free Report) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Tuesday, October 13th will be given a dividend of $0.0480 per share by the investment management company on Monday, November 2nd. This represents a $0.58 annualized dividend and a dividend yield of 13.9%. The ex-dividend date of this dividend is Tuesday, October 13th.

PIMCO High Income Fund Stock Up 0.9%

PIMCO High Income Fund stock opened at $4.13 on Friday. PIMCO High Income Fund has a 52 week low of $4.04 and a 52 week high of $5.00. The stock has a 50-day moving average price of $4.47 and a 200 day moving average price of $4.56.

About PIMCO High Income Fund

(Get Free Report)

PIMCO High Income Fund (NYSE: PHK) is a closed-end management investment company advised by Pacific Investment Management Company LLC (PIMCO). The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective.

The fund invests primarily in a diversified portfolio of income-producing debt securities. These investments may include below-investment-grade corporate bonds, commonly known as high-yield or “junk” bonds, as well as other fixed-income instruments issued by companies and governments in the United States and international markets.

Further Reading

Dividend History for PIMCO High Income Fund (NYSE:PHK)

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