PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) Shareholders to Receive $0.07 Monthly Dividend

PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) declared a monthly dividend on Monday, November 2nd. Shareholders of record on Friday, November 13th will be given a dividend of $0.0690 per share on Tuesday, December 1st. This represents a $0.83 dividend on an annualized basis and a yield of 10.1%. The ex-dividend date of this dividend is Friday, November 13th.

PIMCO Global StocksPLUS & Income Fund Price Performance

PGP traded up $0.11 during trading on Tuesday, reaching $8.21. 42,089 shares of the stock were exchanged, compared to its average volume of 48,130. The stock’s 50 day moving average price is $8.36 and its two-hundred day moving average price is $8.69. PIMCO Global StocksPLUS & Income Fund has a twelve month low of $7.95 and a twelve month high of $9.41.

PIMCO Global StocksPLUS & Income Fund Company Profile

PIMCO Global StocksPLUS & Income Fund (NYSE: PGP) is a closed-end fund managed by Pacific Investment Management Company LLC (PIMCO). The fund seeks to provide investors with current income and long-term capital appreciation through a combination of global equity exposure and investments in fixed-income securities.

PGP’s strategy generally combines a portfolio of bonds and other income-producing investments with equity-market exposure obtained through securities and derivatives, including futures and other instruments.