Pimco Dynamic Credit and MortggeIncmFund (NYSE:PCI) to Issue $0.17 Monthly Dividend

Pimco Dynamic Credit and MortggeIncmFund (NYSE:PCI) declared a monthly dividend on Friday, November 1st, Zacks reports. Shareholders of record on Tuesday, November 12th will be given a dividend of 0.174 per share on Monday, December 2nd. This represents a $2.09 annualized dividend and a yield of 8.15%. The ex-dividend date is Friday, November 8th.

Shares of PCI stock traded up $0.12 on Wednesday, hitting $25.63. The stock had a trading volume of 6,679 shares, compared to its average volume of 441,323. The business has a 50 day moving average of $24.74 and a 200 day moving average of $24.18. Pimco Dynamic Credit and MortggeIncmFund has a 12-month low of $19.35 and a 12-month high of $25.57.

Pimco Dynamic Credit and MortggeIncmFund Company Profile

PIMCO Dynamic Credit and Mortgage Income Fund is a closed end 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 invests in fixed income markets across the globe. The fund utilizes a dynamic asset allocation approach and seeks to invest in multiple fixed-income sectors in the global credit markets, including corporate debt, mortgage-related and other asset-backed securities, government and sovereign debt, taxable municipal bonds and other fixed, variable and floating rate income producing securities.

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Dividend History for Pimco Dynamic Credit and MortggeIncmFund (NYSE:PCI)

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