Pcm Fund to Issue Monthly Dividend of $0.06 (NYSE:PCM)

Pcm Fund (NYSE:PCM) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Thursday, March 12th will be paid a dividend of 0.0642 per share by the investment management company on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 12.9%. The ex-dividend date is Thursday, March 12th.

Pcm Fund Stock Performance

PCM stock opened at $6.00 on Tuesday. Pcm Fund has a 1 year low of $5.88 and a 1 year high of $6.76. The business has a 50 day simple moving average of $6.07 and a 200-day simple moving average of $6.26.

Pcm Fund Company Profile

PCM Fund, Inc (NYSE: PCM) is a diversified, closed-end management investment company incorporated in the United States. Since its inception in 1989, the Fund has sought to deliver a high level of current income and pursue capital preservation. Shares of PCM Fund trade on the New York Stock Exchange, offering investors access to a professionally managed portfolio of fixed income securities through a single, publicly traded vehicle.

The Fund’s investment strategy focuses on mortgage-related securities, with a core allocation to agency mortgage-backed securities (MBS) issued or guaranteed by U.S.