PCM Fund Inc. (NYSE:PCM) declared a monthly dividend on Monday, April 5th, investing.com reports. Stockholders of record on Monday, April 12th will be paid a dividend of 0.08 per share by the investment management company on Monday, May 3rd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.21%. The ex-dividend date is Friday, April 9th.
Shares of NYSE PCM opened at $11.70 on Thursday. PCM Fund has a twelve month low of $7.91 and a twelve month high of $11.83. The stock’s 50 day moving average price is $11.35 and its 200-day moving average price is $10.74.
About PCM Fund
PCM Fund Inc is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It seeks to invest in fixed income markets. The fund invests primarily in commercial mortgage-backed securities.
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