TCW Strategic Income Fund, Inc. (NYSE:TSI) Declares $0.03 Monthly Dividend

TCW Strategic Income Fund, Inc. (NYSE:TSI) declared a monthly dividend on Monday, July 6th. Shareholders of record on Thursday, July 16th will be given a dividend of 0.0283 per share by the financial services provider on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Thursday, July 16th.

TCW Strategic Income Fund Stock Down 0.4%

Shares of TCW Strategic Income Fund stock traded down $0.02 during trading hours on Tuesday, hitting $4.49. The company’s stock had a trading volume of 16,178 shares, compared to its average volume of 164,141. TCW Strategic Income Fund has a 12 month low of $4.43 and a 12 month high of $5.06. The stock has a 50 day moving average of $4.52 and a 200 day moving average of $4.66.

About TCW Strategic Income Fund

TCW Strategic Income Fund (NYSE: TSI) is a diversified, closed-end management investment company that seeks to provide total return through high current income and capital appreciation. The fund primarily invests in a broad array of fixed-income securities, including corporate debt, high-yield bonds, mortgage- and asset-backed securities, and emerging market debt. By combining multiple credit sectors with a flexible duration approach, the fund aims to generate attractive yields while managing interest-rate and credit risks in varying market environments.

Under the management of TCW Asset Management Company LLC, a subsidiary of TCW Group founded in 1971, TSI leverages the firm’s deep credit research capabilities and global trading platforms.