Pcm Fund (NYSE:PCM – Get Free Report) announced a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be paid a dividend of $0.0642 per share by the investment management company on Tuesday, December 1st. This represents a $0.77 annualized dividend and a dividend yield of 15.4%. The ex-dividend date is Friday, November 13th.
Pcm Fund Trading Down 1.3%
Shares of NYSE PCM opened at $5.00 on Wednesday. Pcm Fund has a 52 week low of $4.83 and a 52 week high of $6.39. The firm has a 50-day moving average price of $5.03 and a 200 day moving average price of $5.56.
About Pcm Fund
PCM Fund, Inc. is a closed-end investment fund that focuses primarily on commercial mortgage-backed securities and other mortgage-related investments. Through a portfolio of fixed-income assets, the fund seeks to generate current income while also providing the potential for capital appreciation. The fund’s investments may include securities backed by pools of commercial real estate loans, as well as other debt instruments and structured products related to the commercial property market. Its performance is influenced by interest rates, credit conditions, property-market fundamentals and the quality of the underlying loans.
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