PIMCO Dynamic Income Strategy Fund (NYSE:PDX – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Friday, April 11th will be given a dividend of 0.1334 per share on Thursday, May 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 7.46%. The ex-dividend date is Friday, April 11th.
PIMCO Dynamic Income Strategy Fund Price Performance
Shares of PIMCO Dynamic Income Strategy Fund stock opened at $21.46 on Friday. PIMCO Dynamic Income Strategy Fund has a 1 year low of $20.53 and a 1 year high of $32.88. The stock has a 50-day moving average price of $24.58 and a 200 day moving average price of $25.21.
Insider Activity
In other PIMCO Dynamic Income Strategy Fund news, major shareholder Saba Capital Management, L.P. sold 13,837 shares of the company’s stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $24.98, for a total value of $345,648.26. Following the transaction, the insider now directly owns 7,528,097 shares of the company’s stock, valued at $188,051,863.06. This represents a 0.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
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