PIMCO 15+ Year U.S. TIPS Index Fund (LTPZ) Announces Dividend Increase – $0.30 Per Share

PIMCO 15+ Year U.S. TIPS Index Fund (NYSEARCA:LTPZ) announced a monthly dividend on Monday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 3rd will be paid a dividend of 0.30 per share on Thursday, April 5th. This represents a $3.60 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date of this dividend is Monday, April 2nd. This is an increase from PIMCO 15+ Year U.S. TIPS Index Fund’s previous monthly dividend of $0.23.

LTPZ traded down $0.17 during trading on Monday, reaching $66.95. The company had a trading volume of 5,391 shares, compared to its average volume of 29,837. PIMCO 15+ Year U.S. TIPS Index Fund has a 52 week low of $64.21 and a 52 week high of $69.37.

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PIMCO 15+ Year U.S. TIPS Index Fund Company Profile

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index).

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