PIMCO Dynamic Income Strategy Fund (NYSE:PDX) Announces Monthly Dividend of $0.13

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Thursday, February 13th will be given a dividend of 0.1334 per share on Monday, March 3rd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date of this dividend is Thursday, February 13th.

PIMCO Dynamic Income Strategy Fund Stock Down 0.1 %

Shares of NYSE PDX traded down $0.03 during midday trading on Tuesday, reaching $26.28. The company’s stock had a trading volume of 220,808 shares, compared to its average volume of 524,532. The company has a 50 day moving average price of $27.04 and a 200 day moving average price of $24.74. PIMCO Dynamic Income Strategy Fund has a one year low of $19.15 and a one year high of $32.88.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. purchased 731,721 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were acquired at an average price of $27.60 per share, for a total transaction of $20,195,499.60. Following the completion of the acquisition, the insider now directly owns 7,541,934 shares of the company’s stock, valued at $208,157,378.40. The trade was a 10.74 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders have acquired 966,309 shares of company stock worth $26,176,242 in the last ninety days.