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

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Stockholders of record on Thursday, June 12th will be paid a dividend of 0.1334 per share on Tuesday, July 1st. This represents a $1.60 annualized dividend and a dividend yield of 6.68%. The ex-dividend date of this dividend is Thursday, June 12th.

PIMCO Dynamic Income Strategy Fund Stock Up 0.7%

Shares of NYSE:PDX opened at $23.97 on Thursday. The company has a 50-day moving average price of $22.04 and a 200-day moving average price of $24.60. PIMCO Dynamic Income Strategy Fund has a 12 month low of $19.26 and a 12 month high of $32.88.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. sold 13,837 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $24.98, for a total value of $345,648.26. Following the completion of 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.